According to the Huibai New Materials announcement, Dongrui International Co., Ltd., a shareholder holding 5% or more of the shares, reduced its holdings by a total of 1,829,000 shares through centralized bidding and bulk transactions, accounting for 1.98% of the company's total share capital. After this reduction in holdings, Dongrui International's shareholding fell to 7,044,100 shares, accounting for 7.63% of the total share capital. The term of this holdings reduction plan has expired. It has not led to a change in the company's control, nor has it had a significant impact on the company's operations.

According to the Huibai New Materials announcement, Dongrui International Co., Ltd., a shareholder holding 5% or more of the shares, reduced its holdings by a total of 1,829,000 shares through centralized bidding and bulk transactions, accounting for 1.98% of the company's total share capital. After this reduction in holdings, Dongrui International's shareholding fell to 7,044,100 shares, accounting for 7.63% of the total share capital. The term of this holdings reduction plan has expired. It has not led to a change in the company's control, nor has it had a significant impact on the company's operations.