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.