Shenzhen Prince New Materials (002735.SZ) major shareholder plans to reduce its shareholding by no more than 3%

Shenzhen Prince New Materials (002735.SZ) announced that the company's controlling shareholder and actual controller, Mr. Wang Jinjun, holds 107 million shares of the company (28.08% of the total share capital). Due to personal fund needs, Mr. Wang Jinjun plans to sell no more than 3.82 million shares of the company (approximately 1% of the total share capital) through centralized bidding trading within 3 months after the announcement of the reduction plan and no more than 7.64 million shares (approximately 2% of the total share capital) through block trading, for a total of no more than 11.46 million shares (approximately 3% of the total share capital) to be sold.