Polypropylene Microfiber (300819.SZ) controlling shareholder Polypropylene Investment intends to reduce its shareholding by no more than 2%.

Chitong Finance APP News, Jujie Microfiber (300819.SZ) announced that the company's controlling shareholder, Suzhou Jujie Investment Co., Ltd. (hereinafter referred to as "Jujie Investment"), plans to reduce its holdings of the company's shares by no more than 2% of the total share capital of the company, which is not more than 2.9841 million shares, through block trades within 3 months after 15 trading days from the disclosure date of this announcement.