Shanghai Zhongzhou Special Alloy Materials (300963.SZ) major shareholder Shanghai Dunjia intends to reduce its shareholding by no more than 1.76%.

Shanghai Zhongzhou Special Alloy Materials (300963.SZ) announced that its major shareholder Shanghai Dunjia Investment Management Co., Ltd. ("Shanghai Dunjia"), which holds 7.13% of the company's shares, plans to reduce its stake by no more than 8.0885 million shares (including this number) within three months after fifteen trading days from the date of this announcement, with a reduction ratio not exceeding 1.76% of the total share capital of the company.