According to China's rare earths announcement, Guangdong Guangsheng Holding Group Co., Ltd., which holds 5% or more of the shares, holds 101 million shares of the company. It plans to reduce the total holdings of the company's shares by no more than 10.612,200 shares through centralized bidding within 3 months after 15 trading days from the date of the pre-disclosure announcement of this holdings reduction plan, that is, no more than 1% of the company's total share capital. The reason for the reduction in holdings was due to shareholders' business development and capital arrangements, and the source of shares was obtained through administrative transfers.

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