Jiangxi Hungpai New Material: Xinyu Baolong plans to reduce its holdings by no more than 2.98% of shares

According to the Zhitong Finance APP, Jiangxi Hungpai New Material announced that Xinyu Baolong plans to reduce its holdings of the company's shares by no more than 18.9 million shares, accounting for no more than 2.9763% of the company's total share capital, within three months after the disclosure of this reduction plan (from July 2, 2025, to October 1, 2025) through centralized bidding and/or block trading

According to the announcement from Hongpai New Material (605366.SH), Xinyu Baolong plans to reduce its holdings of the company's shares by no more than 18.9 million shares, accounting for no more than 2.9763% of the company's total share capital, within three months after the disclosure of this reduction plan, starting from 15 trading days after the announcement (i.e., from July 2, 2025, to October 1, 2025) through centralized bidding and/or block trading