This announcement informs that the shares of Mr. Hou Yi, the controlling shareholder and actual controller of the company, were subject to a judicial auction. The auction, held from August 12 to August 13, 2024, involved 18,125,072 shares, representing 1.5731% of the company's total equity. However, the shares were not sold due to a lack of bidders. The company will continue to monitor the situation and fulfill its disclosure obligations.
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Stock Code: 002341
Stock Abbreviation: ST Xinlun
Announcement Number: 2024-070
Xinlun New Materials Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
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