Core Viewpoint - The company Tengyuan Cobalt Industry (301219.SZ) has received a notice regarding share reduction plans from significant shareholders, Xiamen Tungsten Co., Ltd. and Changjiang Chendao (Hubei) New Energy Industry Investment Partnership, which may impact the stock performance in the near term [1] Group 1: Shareholder Actions - Xiamen Tungsten plans to reduce its holdings by up to 2,932,924 shares, which represents no more than 1% of the company's current total share capital, within three months after 15 trading days from the announcement [1] - Changjiang Chendao also intends to reduce its holdings by up to 2,932,924 shares, similarly representing no more than 1% of the company's current total share capital, within the same timeframe through either centralized bidding or block trading [1]