扬帆新材：多位股东计划减持股份

Core Viewpoint - The company Yangfan New Materials announced that major shareholders and executives plan to reduce their holdings in the company due to funding needs, without affecting control or governance structure [1] Shareholder Reduction Plans - Ningbo Xinfan Investment Management Co., Ltd., holding 3.58% of the company, plans to reduce its stake by up to 2.3475 million shares, representing 1.00% of the total share capital [1] - The company's president, Tao Ming, plans to reduce his holdings by up to 15,395 shares, accounting for 0.01% of the total share capital [1] - Vice President Liu Hui intends to reduce his holdings by up to 19,950 shares, also 0.01% of the total share capital [1] - Vice President Zhu Junfei plans to reduce his holdings by up to 15,390 shares, representing 0.01% of the total share capital [1] - CFO Shang Guanyunming plans to reduce his holdings by up to 13,894 shares, which is 0.01% of the total share capital [1] Timing and Impact - The reduction period is set from November 5, 2025, to February 20, 2026, depending on market conditions [1] - The planned reductions will not lead to a change in company control and are not expected to have a significant adverse impact on the company's governance structure or ongoing operations [1]