On October 11th, Gelonhui reported that Jiangsu Maysta Chemical (603041.SH) announced that the company recently received a notification letter from shareholder Mr. Jin Zhicheng regarding the progress of shareholding reduction in Jiangsu Maysta Chemical Co., Ltd. This equity change has accumulated to 1%, and the shareholding change includes two parts: (1) The shareholder is implementing the disclosed concentrated bid reduction plan within the reduction range, that is, Mr. Jin Zhicheng conducted a total reduction of 597,900 shares through concentrated bid trading from September 26, 2024, to October 11, 2024, accounting for 0.3265% of the total share capital of the company. (2) From May 5, 2023, to July 10, 2023, Mr. Jin Zhicheng reduced his shareholding through block trades. According to the regulations at the time of this reduction, the company was not required to disclose the shareholder's block trade reduction plan. As of October 11, 2024, Mr. Jin Zhicheng has cumulatively reduced 1,962,900 shares, accounting for 1.0718% of the total share capital of the company, reaching the disclosure standard for each 1% decrease in equity.