Jiangxi Guotai Group's shareholder, Jiangxi Tungsten Group, has sold a cumulative 0.77% of its shares.

Jiangxi Guotai Group (603977.SH) announced that during the period of the shareholder Jiangxi Tungsten Industry Group Co., Ltd., (referred to as "Jiangxi Tungsten Group") reduction plan, the shareholder has completed the reduction plan and sold a total of 4.7962 million shares of the company through centralized bidding trading method, accounting for 0.77% of the total share capital of the company.