Yuean New Materials: Shareholders and directors acting in concert plan to reduce their holdings by no more than 1.44%.

Yuean New Materials announced that due to their own capital needs, shareholders Yuelong Partnership and Hongyue Partnership plan to reduce their holdings through centralized bidding from July 10 to October 9, respectively reducing no more than 1,203,400 shares and 285,000 shares, accounting for no more than 0.70% and 0.17% of the total share capital; Director Wang Bing, a concerted action party with Zhonghang TrustZhongjin Wealth [1081] Family Trust, also plans to reduce their holdings by no more than 975,700 shares during the same period, accounting for no more than 0.57%. The implementation of the reduction plan is uncertain, and investors are reminded to pay attention to the risks.