CHONGQING M&E (02722) plans to reduce its shareholding of Gripm Advanced Materials Co., Ltd. (688456.SH) by no more than 2.8273 million shares.

20:05 29/06/2026

Chongqing Mechanical and Electrical (02722) announced that the board of directors plans to implement a share reduction plan for Yoyan Powder Materials (688456.SH). The company has simultaneously submitted a notice letter of the share reduction plan to Yoyan Powder Materials on the date of this announcement. The planned reduction will not exceed 2.8273 million shares of Yoyan Powder Materials currently held by the company, corresponding to no more than 2.73% of the shares held.

CHONGQING M&E (02722) announced that the board of directors intends to carry out a share reduction plan for Gripm Advanced Materials Co., Ltd. (688456.SH). The company has submitted a notification letter of the share reduction plan to Gripm Advanced Materials Co., Ltd. on the same date as this announcement. The proposed reduction will not exceed 282,730 shares of Gripm Advanced Materials Co., Ltd., corresponding to no more than 2.73% of the shares held.

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