Longhua New Materials: Shareholder Xinyu Longzhen plans to reduce holdings by 1.63%

Longhua New Materials Announcement: Xin Yu Longzhen holds 15,637,900 shares, accounting for 3.64%. It plans to reduce its holdings by no more than 7 million shares, or 1.63%, within three months after the disclosure of this announcement through centralized bidding and block trades. The reduction period is from March 3, 2026, to June 2, 2026. During this period, the company will not reduce more than 1% of its shares through centralized bidding within any 90 consecutive days, and not more than 2% through block trades within any 90 consecutive days.