Shangda Superalloys (301522.SZ) shareholders China Investment Mining, Yao Xinchun, and Zhan Peizi Asset Management plan to collectively reduce their holdings by no more than 3.9%.

Shangda Superalloys (301522.SZ) announced that the company recently received notification letters from shareholders Guotou Mining, Yao Xinchun, and Zhan Peizi Plan Manager regarding their planned share reduction. Guotou Mining plans to reduce its total holdings by no more than 3.5 million shares, which is not more than 0.94% of the total share capital of the company. Yao Xinchun plans to reduce its total holdings by no more than 3.4 million shares, which is not more than 0.91% of the total share capital of the company. Zhan Peizi Plan Manager plans to reduce its total holdings by no more than 7.6285 million shares, which is not more than 2.05% of the total share capital of the company.