Runhe Material: The controlling shareholder and its concerted actors plan to collectively reduce their holdings of the company's shares by no more than 3%.

Runde Material announced on the evening of September 7 that the company's controlling shareholder, actual controller, and their concerted action parties Zhejiang Runde Holdings Co., Ltd., Ye Jianping, Yu Caijuan, Ma Jincui, Ninghai Xierun Investment Partnership Enterprise, Ninghai Yongchun Investment Partnership Enterprise plan to collectively reduce their holdings of the company's shares by no more than 5.396 million shares within three months after fifteen trading days, through centralized bidding or block trading method, accounting for 3% of the company's total share capital.