Core Viewpoint - Tengyuan Cobalt (301219.SZ) announced that its major shareholders, Xiamen Tungsten (600549) and Changjiang Chenda, plan to reduce their holdings in the company through centralized bidding within the next three months, with a maximum reduction of 2.9329 million shares, accounting for 1% of the company's total share capital [1] Summary by Relevant Categories Shareholder Actions - Major shareholders Xiamen Tungsten and Changjiang Chenda intend to reduce their stakes in Tengyuan Cobalt [1] - The planned reduction will occur through centralized bidding [1] - The maximum number of shares to be reduced is 2.9329 million, which represents 1% of the total share capital [1] Timeline - The reduction period is set to begin 15 trading days after the announcement and will last for three months [1]