Core Viewpoint - The announcement from Xinde New Materials indicates that shareholders Shangrong Baoying and its concerted party Shangrong Juyuan, who collectively held over 5% of the company's shares, have completed their planned share reduction without violating any regulations or commitments, resulting in a decrease in their holdings below the 5% threshold [1] Group 1 - The original plan was to reduce holdings by up to 3% of the total share capital, equivalent to 302.82 million shares, starting from September 25, 2025, within a period of three months [1] - As of the announcement date, the reduction period has expired, and from October 28 to December 22, 2025, the two parties cumulatively reduced their holdings by 1.0322% of the total share capital, amounting to 105.28 million shares [1] - Following the reduction, their combined shareholding has decreased to 4.99997%, meaning they are no longer classified as shareholders holding over 5% of the company [1] Group 2 - Shangrong Juyuan has completely divested its shares in the company, while the reduction process has been conducted in compliance with regulations [1] - The share reduction does not impact the company's governance or control [1]
信德新材：持股5%以上股东减持计划期限届满，合计减持105.28万股