---
title: "Xinde New Material: Shangrong Baoying and its concerted parties plan to reduce their holdings in the company by no more than 3.0282 million shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258719851.md"
description: "On September 24th, Xinde New Material announced that its shareholder Shangrong Baoying and its concerted parties Shangrong Juyuan plan to reduce their holdings in the company by no more than 3.0282 million shares through centralized bidding or block trading"
datetime: "2025-09-24T13:19:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258719851.md)
  - [en](https://longbridge.com/en/news/258719851.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258719851.md)
---

# Xinde New Material: Shangrong Baoying and its concerted parties plan to reduce their holdings in the company by no more than 3.0282 million shares

On September 24th, Xinde New Material announced that its shareholder Shangrong Baoying and its concerted parties Shangrong Juyuan plan to reduce their holdings in the company by no more than 3.0282 million shares through centralized bidding or block trading

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