Kanglong Chemical announced that Shenzhen Xinzhong Kangcheng Investment Partnership, a shareholder holding 5% or more of the company's shares, and Shenzhen Xinzhong Longcheng Investment Partnership, plan to reduce the company's shares by no more than 16.01 million shares within 3 months after 15 trading days from the date of disclosure of the announcement, using centralized bidding transactions or bulk transactions approved by the Shenzhen Stock Exchange, accounting for 0.90% of the company's total share capital after deducting the shares of the special account.

Kanglong Chemical announced that Shenzhen Xinzhong Kangcheng Investment Partnership, a shareholder holding 5% or more of the company's shares, and Shenzhen Xinzhong Longcheng Investment Partnership, plan to reduce the company's shares by no more than 16.01 million shares within 3 months after 15 trading days from the date of disclosure of the announcement, using centralized bidding transactions or bulk transactions approved by the Shenzhen Stock Exchange, accounting for 0.90% of the company's total share capital after deducting the shares of the special account.