Yunnan Energy: Shareholders plan share reduction

Yunnan Energy New Material (SZSE:002812) announced that shareholders Yuxi Heli Investment Co., Ltd. and Shanghai Heng Zou Enterprise Management Partnership (Limited Partnership), both employee stock ownership platforms, intend to reduce their holdings in the company. Yuxi Heli plans to decrease its stake by no more than 5,063,430 shares, representing 0.52% of the total share capital, while Shanghai Heng Zou aims to reduce its holding by no more than 6,460,660 shares, accounting for 0.67% of the total share capital. The reduction will occur through centralized competitive bidding and block trading. The planned reduction period is from July 7, 2025, to October 4, 2025. The shareholders stated the reduction is for personal financial needs of some investors. This share reduction will not change the company's controlling shareholder.