Guancheng New Materials announced that the controlling shareholder Fujian Fengrong Investment Co., Ltd. has been implemented. From July 7, 2026 to October 6, 2026, its holdings were reduced by a total of 84.217,200 shares, accounting for 6.05% of the total share capital. Among them, centralized bidding reduced holdings by 63.402 million shares and bulk transactions reduced its holdings by 21.175 million shares. Currently, it holds 408 million shares, accounting for 29.34% of the total share capital. From September 29 to September 30, 2026, Fengrong Investment reduced its holdings of 13.145 million shares through centralized bidding, accounting for 0.94% of the total share capital. Its total shareholding ratio with those acting in concert fell from 30.94% to 30.00%. The change in equity hit a 5% scale, but this did not lead to a change in the company's control.

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