Changjiang Materials (001296.SZ) controlling shareholder Xiong Ying plans to reduce their shareholding by no more than 3%.

Zhiji Caijing APP News, Changjiang Materials (001296.SZ) announced that the company's controlling shareholder, actual controller, and chairman Xiong Ying plans to reduce their holdings of the company's shares by no more than 4.3861 million shares (not exceeding 3% of the total share capital after excluding the shares in the repurchase special account) through centralized bidding and block trading within 3 months after the disclosure of this announcement for 15 trading days.