According to Zhitong Finance App News, Saite New Materials (688398.SH) announced that Wang Kunming, the controlling shareholder, actual controller and chairman of the company, plans to reduce his total holdings of the company's shares by no more than 5,034,400 shares through bulk transactions and centralized bidding, to no more than 3% of the company's total share capital due to personal capital requirements.

According to Zhitong Finance App News, Saite New Materials (688398.SH) announced that Wang Kunming, the controlling shareholder, actual controller and chairman of the company, plans to reduce his total holdings of the company's shares by no more than 5,034,400 shares through bulk transactions and centralized bidding, to no more than 3% of the company's total share capital due to personal capital requirements.