Hongbo New Materials: Shareholder Xinyu Baolong intends to reduce its holding of company shares by 3%

Announcement from Hongbao New Materials: The Baolong Project Investment Center in Xinyu City holds 27.7815 million shares of the company, accounting for 4.27%; Due to capital needs, it is planned to sell no more than 6.5 million shares through centralized auction and no more than 13 million shares through block trades from November 27, 2025 to February 26, 2026, totaling a reduction of no more than 19.5 million shares, accounting for 3.00% of the total share capital of the company. The above-mentioned shares were all acquired before the IPO.