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Huaxing Venture Capital, the majority shareholder of Yuanxiang New Materials (301300.SZ), plans to reduce its holdings by no more than 1.22%
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According to Zhitong Finance App, Yuanxiang New Materials (301300.SZ) announced that the majority shareholder, Fujian Huaxing Venture Capital Co., Ltd. (hereinafter referred to as “Huaxing Venture Capital”) plans to reduce its holdings of the company's shares by 800,000 shares (1.22% of the company's total share capital) through centralized bidding transactions or bulk transactions within 3 months after 15 trading days from the date of disclosure of this announcement (that is, October 19, 2026 to January 18, 2027).

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