Longhua New Material(SZ:301149) Zheng Quan Zhi Xing·2025-07-18 11:19Core Viewpoint - Newyu Longzhen Investment Partnership has reduced its shareholding in Shandong Longhua New Materials Co., Ltd. to below 5%, resulting in a change of actual control, but this will not significantly impact the company's governance structure or ongoing operations [2][4]. Summary by Sections Shareholding Changes - Newyu Longzhen held 21,499,985 shares, representing 4.999996% of the total share capital, thus falling below the 5% threshold [1][2]. - The shareholding was previously at 6.113156%, indicating a decrease of approximately 1.1132% [3][4]. Reduction Details - The reduction occurred in two phases: - From April 24, 2023, to June 2, 2023, a total of 3,799,986 shares were sold, accounting for 0.8837% of the total share capital [2][3]. - From July 14, 2025, to July 17, 2025, an additional 986,600 shares were sold, representing 0.2294% of the total share capital [1][2]. Compliance and Reporting - The reduction plan was disclosed in advance, with the company announcing the plan on June 9, 2025, and confirming that the plan was executed as intended [4][8]. - Newyu Longzhen has fulfilled its reporting obligations regarding the equity change, and there are no violations of relevant laws or regulations [4][8].