Ganzhou Teng Yuan Cobalt New Material (301219.SZ) shareholders Xiamen Tungsten and Changjiang Morningside intend to collectively reduce their shareholding by no more than 2%.

Ganzhou Teng Yuan Cobalt New Material (301219.SZ) announcement, the company has received a "Notice of Share Reduction Plan" from shareholder Xiamen Tungsten Co., Ltd. (Xiamen Tungsten) and Ningbo Meishan Bonded Port Area Morning Investment Partnership Enterprise (Limited Partnership) - Yangtze Morning (Hubei) New Energy Industry Investment Partnership Enterprise (Limited Partnership) (Yangtze Morning), who hold more than 5% of the company's shares. They plan to reduce their holdings of the company's shares. Xiamen Tungsten plans to reduce its holdings of the company's shares by no more than 2,932,924 shares through centralized bidding within 3 months after the 15th trading day following the disclosure date of this announcement, which is no more than 1% of the company's current total share capital. Yangtze Morning plans to reduce its holdings of the company's shares by no more than 2,932,924 shares through centralized bidding or block trading within 3 months after the 15th trading day following the disclosure date of this announcement, which is no more than 1% of the company's current total share capital.