Jiangsu Xiangteng New Materials Co., Ltd. (hereinafter referred to as "the Company" or "Xiangteng New Materials") disclosed on November 25, 2025, the "Pre-disclosure Announcement on Shareholder Share Reduction" (Announcement No. 2025-052). Shareholders Shanghai Xianghe Yongyuan Equity Investment Partnership (Limited Partnership), Shanghai Longxin Private Investment Fund Partnership (Limited Partnership), Shenzhen Nanshan District Yongquan Private Venture Capital Fund Partnership (Limited Partnership), and Shanghai Yongyue Venture Capital Partnership (Limited Partnership) reduced their holdings in a cautious manner to protect investor interests, collectively reducing their shares by no more than 2,060,604 shares (accounting for 3% of the total share capital) through centralized bidding and block trading. This reduction plan is to be executed within three months starting from 15 trading days after the announcement (from December 17, 2025, to March 16, 2026).
001373SZSE
Announcement on Changes in Shareholder Equity of Over 5% Shareholders Touching 1% Integer Multiple
✨ AI Summary
This announcement details the reduction of shares by major shareholders of Jiangsu Xiangteng New Materials Co., Ltd. Four shareholders collectively reduced their holdings by 686,868 shares, representing 1% of the total share capital. Following this change, their combined shareholding decreased from 9% to 8%. The reduction aligns with previously disclosed plans and does not affect the company's control structure.
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