Changjiang Materials announced that Xiong Jie, the controlling shareholder and actual controller of the company, reduced his holdings of the company's shares by a total of 902,400 shares through centralized bidding and bulk transactions on August 31, 2026, accounting for 0.6032% of the company's total share capital. After this reduction in holdings, Xiong Jie and his co-actors, Xiong Ying, Xiong Fan, and Xiong Yin held a total of 84.9666 million shares of the company, accounting for 56.7993% of the company's total share capital. The change in equity reached an integer multiple of 1%. The current holdings reduction is in line with the previously disclosed holdings reduction plan. Currently, the holdings reduction plan has not been implemented. This change in equity will not cause changes in the company's controlling shareholders or actual controllers.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.