According to the New Aluminum Times announcement, the company received a “Notice Letter on the Stock Reduction Plan” jointly issued by the shareholder country, Hongma, and five concerted players, including shareholders Parallel 1 and Parallel 2. Guotong Hongma held 21.8023 million shares of the company, accounting for 15.16% of the total share capital; the five concerted actors held a total of 7.4545 million shares, accounting for 5.18% of the total share capital. Both plan to reduce their holdings by no more than 3.581,600 shares through centralized bidding and/or bulk trading within 3 months after 15 trading days from the date of disclosure of the pre-disclosure announcement, both accounting for 2.49% of the total share capital. The reasons for the reduction in holdings were all due to their own capital requirements.

According to the New Aluminum Times announcement, the company received a “Notice Letter on the Stock Reduction Plan” jointly issued by the shareholder country, Hongma, and five concerted players, including shareholders Parallel 1 and Parallel 2. Guotong Hongma held 21.8023 million shares of the company, accounting for 15.16% of the total share capital; the five concerted actors held a total of 7.4545 million shares, accounting for 5.18% of the total share capital. Both plan to reduce their holdings by no more than 3.581,600 shares through centralized bidding and/or bulk trading within 3 months after 15 trading days from the date of disclosure of the pre-disclosure announcement, both accounting for 2.49% of the total share capital. The reasons for the reduction in holdings were all due to their own capital requirements.