Kanglong Chemical: Shareholders Xincheng Kangcheng and Xincheng Longcheng are planning to collectively reduce their holdings of the company's shares by no more than 1.5%.

Kanglong Chemical announced that major shareholder Xincheng Kangcheng plans to reduce its holdings by no more than 8.891 million shares, and the concerted action person Xincheng Longcheng plans to reduce its holdings by no more than 17.782 million shares, with a total reduction of no more than 26.673 million shares. The reduction will be carried out through centralized bidding or block trading, and the reason for the reduction is that the partnership's duration is about to expire and the need for funds. The reduction period will be within 3 months after 15 trading days from the date of announcement.