Runhe Materials (300727.SZ) and its controlling shareholders plan to reduce their holdings by no more than 3%.

Zhtng Cijng APP News, Runhe Materials (300727.SZ) announced that the company's controlling shareholder, actual controller and their concerted action person Zhejiang Runhe Holdings Co., Ltd., Ye Jianping, Yu Caijuan, Ma Jincui, Ninghai Xierun Investment Partnership (Limited Partnership), and Ninghai Yongchun Investment Partnership (Limited Partnership) plan to reduce their holdings of the company's shares by a total of no more than 5,396,000 shares, accounting for 3.00% of the company's total share capital, through centralized bidding or block trading within three months after fifteen trading days from the date of this announcement.