Shenzhen Vital New Material (301319.SZ): Liao Gaobing and Lilac intend to collectively reduce their shareholding by not more than 3%

Shenzhen Vital New Material (301319.SZ) announced that shareholder Shenzhen Lileyuan Investment Management Co., Ltd. (referred to as "Lileyuan"), holding 22.7055 million shares of the company, plans to reduce its shareholding by no more than 1% of the total share capital of the company within three months after the date of the announcement disclosure, through block trading or centralized bidding. The Chairman and CEO of the company, Mr. Liao Gaobing, holding 37.8426 million shares of the company, plans to reduce his shareholding by no more than 2% of the total share capital of the company within three months after the date of the announcement disclosure, through block trading or centralized bidding, not exceeding 25% of the shares he holds in the company.