Jinsheng New Materials announced that Ningbo Liyi Venture Capital Center, a shareholder holding 5% or more of the shares, plans to reduce the total holdings of the company by no more than 3 million shares within 3 months after 15 trading days from the date of disclosure of the holdings reduction plan by no more than 3 million shares, that is, no more than 2.00% of the company's total share capital through centralized bidding or bulk transactions. Recently, the company received the “Notice Letter on the Completion of the Implementation of the Holdings Reduction Plan” issued by Ningbo Liyi. Ningbo Liyi's current holdings reduction plan has already been implemented. The method of reducing holdings was a bulk transaction. The two holdings were reduced by 2.625 million shares and 375,000 shares, respectively. The holdings reduction ratio was 1.75% and 0.25%, respectively. In total, the holdings were reduced by 3 million shares, accounting for 2.00% of the total share capital.

Jinsheng New Materials announced that Ningbo Liyi Venture Capital Center, a shareholder holding 5% or more of the shares, plans to reduce the total holdings of the company by no more than 3 million shares within 3 months after 15 trading days from the date of disclosure of the holdings reduction plan by no more than 3 million shares, that is, no more than 2.00% of the company's total share capital through centralized bidding or bulk transactions. Recently, the company received the “Notice Letter on the Completion of the Implementation of the Holdings Reduction Plan” issued by Ningbo Liyi. Ningbo Liyi's current holdings reduction plan has already been implemented. The method of reducing holdings was a bulk transaction. The two holdings were reduced by 2.625 million shares and 375,000 shares, respectively. The holdings reduction ratio was 1.75% and 0.25%, respectively. In total, the holdings were reduced by 3 million shares, accounting for 2.00% of the total share capital.