Guancheng New Materials announced that the controlling shareholder, Fujian Fengrong Investment Co., Ltd. reduced its holdings of the company's unlimited tradable shares by 14.912 million shares from September 8 to September 10, 2026, accounting for 1.07% of the company's total share capital. Of these, 1.36 million shares were reduced through bulk transactions and 13.552 million shares were reduced through centralized bidding. After this change in equity, the total shareholding of Fengrong Investment and its co-actor STARLEX LIMITED dropped from 487 million shares to 472 million shares, and the shareholding ratio dropped from 35.00% to 33.93%. This change does not affect the proposed acquisition and will not lead to a change in the company's control; the holdings reduction plan has not yet been implemented.

Guancheng New Materials announced that the controlling shareholder, Fujian Fengrong Investment Co., Ltd. reduced its holdings of the company's unlimited tradable shares by 14.912 million shares from September 8 to September 10, 2026, accounting for 1.07% of the company's total share capital. Of these, 1.36 million shares were reduced through bulk transactions and 13.552 million shares were reduced through centralized bidding. After this change in equity, the total shareholding of Fengrong Investment and its co-actor STARLEX LIMITED dropped from 487 million shares to 472 million shares, and the shareholding ratio dropped from 35.00% to 33.93%. This change does not affect the proposed acquisition and will not lead to a change in the company's control; the holdings reduction plan has not yet been implemented.