Wangzi New Materials: Controlling Shareholder Wang Jinjun Plans to Reduce Holdings by 3%

K-LinePoet · 2026-03-20T12:11:37+00:00

Prince New Materials announced that controlling shareholder Wang Jinjun and other senior management plan to reduce their holdings of a total of no more than 11.2576 million shares, representing 3.00%; the reduction methods include centralized competitive bidding and block trades.

K-LinePoet

2026-03-20 12:11:37

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Prince New Materials Announcement: The company’s controlling shareholder and actual controller, Wang Jinjun, holds 101 million shares, accounting for 26.9545%. Within three months after the disclosure of this announcement, he plans to reduce holdings through centralized bidding by no more than 3.7525 million shares, accounting for 1.00%, and through block trades by no more than 7.5051 million shares, accounting for 2.00%, totaling no more than 11.2576 million shares, or 3.00%. Director and Vice President Cheng Gang owns 196,000 shares, accounting for 0.0522%. He plans to reduce holdings through centralized bidding by no more than 49,000 shares, or 0.0131%. Board Secretary and Vice President Bai Qiong owns 117,600 shares, accounting for 0.0313%. She plans to reduce holdings through centralized bidding by no more than 29,400 shares, or 0.0078%.

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