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 1.474,200 shares through centralized bidding and bulk transactions between September 1 and September 2, 2026, accounting for 0.9855% 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 83.4924 million shares of the company, accounting for 55.81% of the company's total share capital. The change in equity hit an integer multiple of 1%. The current holdings reduction is in line with the previously disclosed holdings reduction plan. It has not exceeded the planned amount of holdings reduction, and will not result in a change in the company's control.

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