Kelong Chemical: Shareholder with more than 5% stake reduced holdings by a total of 17.8 million shares from June 16 to July 1.

Kanglong Chemical announced that the company's shareholder, Xin Zhongkangcheng, who holds more than 5% of the shares, and its concerted action person, Xin Zhonglongcheng, due to their own capital needs, collectively reduced their holdings of 17.8 million shares of the company from June 16 to July 1, 2026, accounting for 0.97% of the total share capital. After this reduction, their combined shareholding ratio decreased to 10.99%. This reduction was carried out in accordance with the disclosed plan and will not have a significant impact on the company's governance structure and sustainable operation, nor will it result in a change in control of the company. Furthermore, the reduction plan has not been completed yet.