002776SZSE

Announcement on the Completion of Share Reduction Plan by Shareholders Holding More Than 5% of Shares

*ST Bailong Co., Ltd.··2 pages

✨ AI Summary

This announcement informs that Hongta Securities, a shareholder holding over 5%, has completed its share reduction plan. The plan involved a maximum reduction of 10,759,700 shares, representing 2% of the total share capital. As of November 2, 2023, Hongta Securities has reduced its holdings by a total of 36,004,473 shares and now holds no shares in the company.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Securities Code: 002776
Securities Abbreviation: *ST Bailong
Announcement Number: 2023-064

Guangdong Baibaolong Co., Ltd. (hereinafter referred to as "the Company") disclosed the "Pre-disclosure Announcement on the Share Reduction Plan by Shareholders Holding More Than 5%" (Announcement Number 2023-039) on July 7, 2023, on the Giant Tide Information Network. Shareholder Hongta Securities Co., Ltd. (hereinafter referred to as "Hongta Securities") planned to reduce its holdings by no more than 10,759,700 shares, or 2% of the total share capital, within six months after the disclosure of the reduction announcement, through centralized bidding.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.