Baotou INST Magnetic New Materials (301622.SZ) shareholders Ding Yuanda and director Ma Chunru plan to reduce their holdings by no more than 2,570,000 shares.

Baotou INST Magnetic New Materials (301622.SZ) announcement, shareholder Ding Yuanda plans to reduce the company's shares by a total of no more than 2,310,000 shares (1.9925% of the total share capital) through centralized bidding and/or bulk trading within 3 months after 15 trading days from the date of this announcement (excluding the time specified by laws, regulations, and normative documents that prohibits reduction of holdings from January 1, 2026 to March 31, 2026). The company's director and vice president, Ma Chunru, plans to reduce the company's shares by a total of no more than 260,000 shares (0.2243% of the total share capital) through centralized bidding and/or bulk trading within 3 months after 15 trading days from the date of this announcement (excluding the time specified by laws, regulations, and normative documents that prohibits reduction of holdings from January 1, 2026 to March 31, 2026).