China Rare Earth Shareholder Guangsheng Holdings Plans to Cut Up to 1% Stake

China Rare Earth announced that Guangdong Guangsheng Holdings Group, a shareholder holding 9.48% of the company, intends to reduce its shareholding through centralized competitive bidding. The reduction will not exceed 10.6122 million shares, equivalent to no more than 1% of the company's total share capital.

The reduction plan was disclosed on August 20, 2026.