Swancor Advanced Materials Co., Ltd. (688585.SH) shareholder Jingfeng Investment Group has reduced its stake in the company by 0.52% in total.

Swancor Advanced Materials Co., Ltd. (688585.SH) announced that on March 4, 2025, the company received a notice from its shareholder Golden Wind Investment Management notifying that their equity change has reached a multiple of 1%. Golden Wind Investment Management decreased its shareholding by 2.08 million shares through centralized bidding from December 16, 2024 to March 3, 2025, representing 0.52% of the total share capital of the company.