Zhejiang Hengda New Material (301469.SZ) shareholder Longyou Lianlong plans to reduce its shareholding by no more than 2%.

Announcement from Zhejiang Hengda New Material (301469.SZ): Shareholder Longyou Lianlong Equity Investment Fund Partnership Enterprise (Limited Partnership) (referred to as "Longyou Lianlong") plans to reduce its company shares through block trading within 3 months after 15 trading days from the disclosure date of this announcement, with a maximum of 1,776,100 shares (2.00% of the total share capital excluding shares in the company's repurchase dedicated account).