Xianglou New Materials: Multiple shareholders have prematurely terminated their share reduction plans, and Tang Weiguo has reduced his holdings by 445,900 shares.

date
03/08/2026
Xinglu New Materials announced that the companys shareholders holding more than 5%, including director and general manager Tang Weiguo and three others, originally planned to reduce their holdings from July 20 to October 19, 2026, but have now decided to terminate the reduction plan early. During the reduction period, only Tang Weiguo reduced his holdings by 445,900 shares through centralized bidding, accounting for 0.27% of the total share capital, bringing his holding ratio down to 7.69%; Zhang Xiao, Cao Jufen, and Zhang Yuping did not reduce their holdings, and their shareholding ratios remained unchanged. This reduction complies with regulations and will not lead to a change in the company's control.