Baoqian New Materials: Shareholder Xinhui Investment plans to reduce its holdings of the company's shares by no more than 1% through bulk trading.

Boqian New Materials announced that its shareholder New Hui Investment Holdings Co., Ltd. plans to reduce its holdings of the company's shares through block trades by no more than 2,616,000 shares, with a reduction ratio of no more than 1% of the company's total share capital. The reduction period is within 3 months after the 15th trading day following the disclosure of the announcement.