Jilin Chemical Fiber (000420.SZ): Fangda Investment plans to reduce its shareholding by no more than 2%.

The Intelligent Financial News APP learned that Jilin Chemical Fiber (000420.SZ) announced that its shareholder Shanghai Fangda Investment Management Co., Ltd. ("Fangda Investment"), who holds 6.95% of the shares, will reduce its holdings of the company's shares through centralized bidding trading on the stock exchange within three months after 15 trading days from the disclosure of this announcement (from December 8, 2025 to March 7, 2026). The total number of shares to be reduced shall not exceed 24.5887 million shares, i.e. not exceeding 1% of the total share capital of the company; and the total number of shares to be reduced through block trading shall not exceed 24.5887 million shares, i.e. not exceeding 1% of the total share capital of the company.