Wells Advanced Materials (301555.SZ) shareholders, Xinuo New Materials and Xinuo Xinshan, have collectively reduced their holdings by 1.8424 million shares.

Wells Advanced Materials (301555.SZ) announced that the company recently received a notice from Xinnuo New Materials and Xinnuo Xinshan regarding the expiration of the share reduction plan. From December 3, 2024 to February 25, 2025, Xinnuo New Materials and Xinnuo Xinshan will collectively reduce their holdings by 1.9968%, or 1.8424 million shares.