Zhonglun New Materials: Shareholder Strait plans to reduce holdings in the company by no more than 1.375%

Zhonglun New Materials announced on March 5th that its shareholder Strait Co., Ltd. (referred to as “Strait”), which holds 7.75% of the company’s shares, plans to reduce its holdings through centralized bidding and block trades by no more than 1.375% of the company’s total share capital, or no more than 5,499,500 shares.

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