Zhonglun New Materials (301565.SZ) shareholder Strait and Zhuhai Houchong plan to reduce their combined stake by no more than 4.125%.

Wisdom Financial News App, Zhonglun New Material (301565.SZ) announced that shareholder Strait Co, Ltd. ("Strait") plans to reduce its shareholding in the company by no more than 2.000% of the total share capital through centralized bidding and block trading within 90 natural days after 15 trading days from the date of this announcement. Shareholder Beijing Housheng Investment Management Center (limited partnership) - Zhuhai Houzhong Equity Investment Center (limited partnership) ("Zhuhai Houzhong") plans to reduce its shareholding in the company by no more than 8.5 million shares (2.125% of the total share capital) through centralized bidding and block trading within 90 natural days after 3 trading days from the date of this announcement.