Sinosteel Luonai Materials Technology (688119.SH) plans to reduce its shareholding by no more than 1% through Guoxin Double One Hundred Number.

21:48 05/01/2026

China Steel Luonai (688119.SH) announced that Guoxin Shuangbaiyi (Hangzhou) Equity Investment Partnership Enterprise (Limited Partnership) (referred to as "Guoxin Shuangbaiyi") plans to reduce its shareholding by no more than 11.25 million shares, or 1% of the total share capital of the company, through centralized competitive trading within 3 months after the date of the announcement and 15 trading days later; and the total number of shares to be reduced through centralized competitive trading within any consecutive 90 days shall not exceed 1% of the total share capital of the company.

Sinosteel Luonai Materials Technology (688119.SH) announced that Guoxin Shuangbai No. 1 (Hangzhou) Equity Investment Partnership Enterprise (Limited Partnership) (referred to as "Guoxin Shuangbai No. 1") plans to reduce its number of shares by no more than 11.25 million shares, or 1% of the total share capital of the company, through centralized bidding trading within 3 months after the date of the announcement and 15 trading days later. Additionally, the total number of shares to be reduced through centralized bidding trading within any consecutive 90 days shall not exceed 1% of the total share capital of the company.

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