Jiangsu Topfly New Materials (001373.SZ) intends to collectively reduce its holdings by no more than 2% of its shares.

Jiangsu Topfly New Materials (001373.SZ) announced that the company has recently received a notice from its shareholders Xiangheyongyuan, Shanghai Xinfu, Nanshan Yongquan, and Shanghai Yongyue regarding the company's plan to reduce its holdings. The above-mentioned shareholders plan to reduce their shareholding within 3 months after the public disclosure of the share reduction plan, starting from October 21, 2024 to January 20, 2025, not exceeding a total of 1.3737 million shares (2% of the company's total share capital). Among them, the shareholding reduction through centralized competitive bidding will not exceed 686,900 shares, and the reduction through bulk trading will not exceed 686,900 shares.