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Rare Colored Metals: Shareholder Guangdong Rare Earth Plans to Reduce Holdings by No More Than 1%
Zhong Rare Color Announcement: As of the date of this announcement, shareholder Guangdong Province Rare Earth Industry Group Co., Ltd. holds 67.29M shares of the company, accounting for 20%.
This shareholder plans to reduce no more than 3.36M shares, or no more than 1% of the company’s total share capital, through centralized bidding within three months after the disclosure of this reduction plan, starting 15 trading days after the announcement.
The reduction period is from May 28, 2026, to August 27, 2026, and the reduction price will be determined based on the market price and trading method at that time; if there are share changes such as stock dividends or capital reserve fund converted into share capital during the reduction period, the proposed reduction amount will be adjusted accordingly.