Zhonglun New Materials: Strait and Zhuhai Houzhong plan to reduce their holdings by 2% and 2.125% respectively.

Zhonglun New Materials announced that the shareholder Strait Co., Ltd. plans to reduce its holdings by no more than 8,000,200 shares, accounting for 2% of the company's total share capital. Shareholder Beijing Housheng Investment Management Center-Zhuhai Houzhong Equity Investment Center plans to reduce its holdings by 8,500,000 shares, accounting for 2.125% of the company's total share capital.