---
title: "XIANGYUAN NEW MATERIAL faced a cumulative reduction of 2 million shares by shareholder Gao Fuxin"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/230643813.md"
description: "According to the Zhitong Finance APP, XIANGYUAN NEW MATERIAL announced that its shareholder Hubei Gaofuxin Venture Capital Co., Ltd. (referred to as \"Gaofuxin\") has completed its reduction plan. From November 13, 2024, to the date of this announcement, Gaofuxin has cumulatively reduced its holdings in the company by 2 million shares"
datetime: "2025-03-05T10:45:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/230643813.md)
  - [en](https://longbridge.com/en/news/230643813.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/230643813.md)
---

# XIANGYUAN NEW MATERIAL faced a cumulative reduction of 2 million shares by shareholder Gao Fuxin

According to the Zhitong Finance APP, XIANGYUAN NEW MATERIAL (300980.SZ) announced that its shareholder Hubei Gaofuxin Venture Capital Co., Ltd. (referred to as "Gaofuxin") has completed its reduction plan. From November 13, 2024, to the date of this announcement, Gaofuxin has cumulatively reduced its holdings in the company by 2 million shares

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