Kanglong Chemical continued to retreat by more than 5%, with a cumulative decline of nearly 30% over the past 6 days to 25.8 yuan, with a total market value of 46.3 billion yuan. According to the news, the company issued a share reduction announcement yesterday evening. Shareholder Shenzhen Xinzhong Longcheng Investment Partnership Co., Ltd. plans to reduce the company's shares by no more than 16.01 million shares, and the reduction ratio will not exceed 0.9% of the company's total share capital. The reason for the reduction in holdings was due to own capital requirements. Furthermore, it is reported that the company plans to meet with the board of directors on October 29 to approve the third quarter results.

Kanglong Chemical continued to retreat by more than 5%, with a cumulative decline of nearly 30% over the past 6 days to 25.8 yuan, with a total market value of 46.3 billion yuan. According to the news, the company issued a share reduction announcement yesterday evening. Shareholder Shenzhen Xinzhong Longcheng Investment Partnership Co., Ltd. plans to reduce the company's shares by no more than 16.01 million shares, and the reduction ratio will not exceed 0.9% of the company's total share capital. The reason for the reduction in holdings was due to own capital requirements. Furthermore, it is reported that the company plans to meet with the board of directors on October 29 to approve the third quarter results.