Fulai New Materials: Shareholders are planning to reduce their holdings by no more than 1.33% of the company's shares.

Flail New Materials announced in the evening of July 16 that the shareholder Jiaxing Jinqi Enterprise Management Partnership Enterprise, holding 5.34% of the shares, plans to reduce its holdings of no more than 3.7625 million shares of the company through centralized bidding and block trading, accounting for 1.33% of the total share capital of the company.