Some shareholders of MGL New Materials plan to reduce their holdings by a total of no more than 5%
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MGL New Materials announced that some shareholders holding more than 5% of the shares plan to reduce their holdings by no more than 5% in total over the next three months. Beijing Yindi Investment and its concerted parties plan to reduce their holdings by no more than 4.5962 million shares and 6.8942 million shares through centralized bidding and block trading, accounting for 1% and 1.5% of the total share capital, respectively. Lu Chunquan and his concerted parties also plan to reduce the same number of shares in the same manner
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