Fujian Yuanxiang New Materials (301300.SZ) main shareholder, Huaxing Capital, completed a 3.83% reduction of its shares.

Announcement from Fujian Yuanxiang New Materials (301300.SZ): Fujian Huaxing Venture Capital Investment Co., Ltd. (referred to as "Huaxing Venture Capital"), a shareholder holding more than 5% of the company's shares, has collectively reduced its holdings of 2.4 million shares, accounting for 3.83% of the total share capital. The implementation period of this reduction plan has expired.