Xinda New Materials Controlling Shareholders reduced shareholding by 2.5%

Abstract On the afternoon of May 20, Xinda New Materials announced that the company's controlling shareholder, China Pingmei Shenma Energy Chemical Group Co., Ltd., accumulated from the secondary market through the centralized bidding method from May 12 to May 19. Holding 12.55 million shares of the company, accounting for the company's total shares...
At noon on May 20, Xinda New Materials announced that the company’s controlling shareholder, China Pingmei Shenma Energy Chemical Group Co., Ltd., has reduced its holdings through the secondary market centralized bidding method from May 12 to May 19. The company has 12.55 million shares, accounting for 2.5% of the company's total shares.
After the reduction, Shenma Group holds 102 million shares of the company, accounting for 20.39% of the company's total shares. Among them, 4.88 million shares of unrestricted shares, accounting for 0.97% of the company's total shares; 97.60 million shares of restricted shares, accounting for 19.42% of the company's total shares.

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