Jinsheng New Materials: Shareholder Ningbo Liyi Entrepreneurship Investment Center completes reduction of 2.00%

Jinsheng New Materials Announcement, shareholder Ningbo Liyi Entrepreneurship Investment Center holding more than 5% of the shares plans to reduce its holdings after 15 trading days from the disclosure of the reduction plan within 3 months through centralized bidding or block trading not exceeding 3 million shares in total, i.e. not exceeding 2.00% of the total share capital of the company. Recently, the company received a notification letter from Ningbo Liyi on the completion of the implementation of the reduction plan. The reduction plan of Ningbo Liyi has been completed. The reduction method is block trading, with two reductions of 2.625 million shares and 0.375 million shares respectively, with reduction ratios of 1.75% and 0.25% respectively, totaling 3 million shares, accounting for 2.00% of the total share capital.