
Red Avenue New Materials: Yutong Investment plans to reduce its holdings by no more than 2.17%

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According to the Zhitong Finance APP, Red Avenue New Materials announced that due to the shareholder's own funding needs, Yutong Investment plans to reduce its holdings by a total of no more than 13 million shares through centralized bidding and/or block trading, which is no more than 2.17% of the company's total share capital
According to the announcement from Zhitong Finance APP, Red Avenue New Materials (603650.SH) stated that due to the shareholder's own funding needs, Yutong Investment plans to reduce its holdings by a total of no more than 13 million shares through centralized bidding and/or block trading, which does not exceed 2.17% of the company's total share capital

