Tianli Lithium Energy fell more than 6%, with stock prices hitting a three-month high during Friday's trading session.

Tianli Lithium Power fell 6.44% to 26.74 yuan in intraday trading today, the stock price reached a 3-month high in last Friday's trading session. Tianli Lithium Power announced that it recently received a Notice of Reduction of Company Shares from the New Material Fund, learning that the New Material Fund will reduce its holdings of the company's shares by 1,187,400 shares through centralized bidding, accounting for 1% of the total share capital of the company. The New Material Fund's shareholding in the company will decrease from 6.48% to 5.48%.