Summary of Key Points Core Viewpoint - Guangdong Fangyuan New Materials Group Co., Ltd. announced that its shareholder, Guangdong Zhongke Baiyun Emerging Industry Venture Capital Fund Co., Ltd., plans to reduce its holdings by up to 5.1 million shares due to fund allocation needs, which represents approximately 4.85% of the company's total shares [1]. Company Specifics - As of the announcement date, Guangdong Zhongke Baiyun holds 24.74 million shares of Guangdong Fangyuan, which is about 4.85% of the total share capital of approximately 510 million shares [1]. - The shares in question were originally part of the company's initial public offering and were released from restrictions on August 8, 2022, allowing them to be traded publicly [1]. - The planned reduction of shares will occur through centralized bidding transactions over a period of three months, starting three trading days after the announcement of the share reduction plan [1].
芳源股份:股东中科白云计划减持公司股份不超过510万股