Dairen Materials: Duan Zhiming plans to reduce his holdings of the company's shares by no more than 2.94%.

Dairen New Material Announcement, the actual controller Duan Zhiming plans to reduce his holdings by no more than 11.65 million shares, accounting for 2.94% of the total share capital of the company, within 3 months after the 15th trading day from the disclosure date of the announcement through centralized bidding or block trading. After deducting the shares in the repurchase special account, the proportion of the total share capital of the company is 3.00%. The reason for the reduction is personal fund needs, and the reduction price will be determined based on the market price.