Sinosteel Advanced Materials (300963.SZ) controlling shareholder plans to reduce its shareholding by no more than 1.22%.

Wisdom Finance News APP, Zhongzhou Special Materials (300963.SZ) announced that the company's controlling shareholder and actual controller, Mr. Feng Mingming, plans to reduce his holdings of company shares through centralized trading or block trading within three months after fifteen trading days from the date of this announcement, with the number of shares to be reduced not exceeding 5,603,300 shares (including this amount), i.e. a reduction ratio not exceeding 1.22% of the total share capital of the company.