Shareholder Ningbo Liyi of Zhejiang Jinsheng New Materials (300849.SZ) plans to reduce their shareholding by no more than 3%.

Announcement from Zhejiang Jinsheng New Materials (300849.SZ): Shareholder Ningbo Liyi Equity Investment Center (Limited Partnership) (referred to as "Ningbo Liyi") plans to reduce its holdings of the company's shares by a total of no more than 4.5 million shares within 3 months after 15 trading days from the disclosure of this announcement, through centralized bidding or block trading, i.e. not exceeding 3.00% of the total share capital of the company.