Advanced Fiber Resources (300620.SZ) shareholder XL Laser plans to reduce its stake by up to 800,000 shares.

Advanced Fiber Resources (300620.SZ) announced that shareholder XL Laser (HK) Limited (hereinafter referred to as "XL Laser"), which holds 4.6544% of the company's shares, plans to reduce its holdings by 800,000 shares (0.3211% of the total share capital) through block trading or centralized bidding within 3 months after 15 trading days from the date of this announcement (July 9, 2025 to October 8, 2025).