Lushan New Materials (603051.SH): Lushan Information plans to reduce its shareholding by no more than 1%.

China Fortune Financial News APP reported that Lushan New Materials (603051.SH) announced that its shareholder Lushan Information plans to reduce its holdings by no more than 1% of the company's total share capital, which is a maximum of 1.0426 million shares, through centralized bidding trading within 3 months after 15 trading days from the date of the announcement of the reduction plan, due to capital needs. The reduction price will be determined based on market prices.