Ruili New Materials: Guofu Yuyu plans to reduce its shareholding in the company by no more than 3.33%.

Ruiliann New Materials announced that the shareholder Guofu Yongyu, who holds more than 5% of the shares, plans to reduce his holdings by no more than 5,731,100 shares through centralized bidding or block trading, accounting for 3.33% of the total share capital of the company.