Part of the directors of Guangdong Suqun New Material (301489.SZ) plan to reduce their holdings by a total of no more than 2 million shares.

Guangdong Suqun New Material (301489.SZ) announced that director and senior management Liao Xiaofei plans to reduce his holding of the company's shares by a total of no more than 1,000,000 shares, or 1.7337% of the total shares of the company, through centralized bidding and block trading. Director and senior management Wu Pan also plans to reduce his holding of the company's shares by a total of no more than 1,000,000 shares, or 1.7337% of the total shares of the company, through centralized bidding and block trading.