Midland New Materials announced that shareholder Zhang Shengye holds 21.3368 million shares of the company, accounting for 3.000045% of the total share capital. Due to his own financial arrangements, he plans to reduce his holdings by no more than 21.3365 million shares through centralized bidding transactions and bulk transactions from September 28, 2026 to December 27, 2026, accounting for 3% of the total share capital.

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