Newater Technology Inc. (stock code: 301229.SZ) announced that the company received a notice from the shareholders Ji Quan Yida, Huai'an Yida, and Yangzhong Yida regarding their shareholding reduction plan.
According to the announcement released by Newater Technology Inc. (stock code: 301229.SZ), the company has received the Notice of the Completion of Shareholding Reduction Plan from the shareholders Ji Quan Yida, Huai'an Yida, and Yangzhong Yida, as well as the Notice of the Implementation Results of Shareholding Reduction from Qian Xianfeng. The aforementioned shareholding reduction plan has been fully implemented, with a total reduction of 782,500 shares, accounting for 0.97% of the total share capital.