300291SZSE

Announcement on Pre-disclosure of Share Reduction Plan by Shareholder Holding Over 5%

Beijing Baination Pictures Co., Ltd.··3 pages

✨ AI Summary

Hualu Capital plans to reduce its stake in Beijing Ba Na Qian Cheng Film and Television by up to 1.1% (10,360,786 shares) via block trades and open market transactions within three months starting April 24, 2026. The reduction is for fund arrangement purposes and will not affect control.

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Securities Code: 300291 Securities Abbreviation: Ba Na Qian Cheng Announcement Number: 2026-012

Beijing Ba Na Qian Cheng Film and Television Co., Ltd. Announcement on Pre-disclosure of Share Reduction Plan by Shareholder Holding Over 5%

Hualu Capital Holdings Co., Ltd., a shareholder holding over 5% of the Company's shares, guarantees that the information provided to this Company is true, accurate, and complete, and contains no false records, misleading statements, or material omissions. The Company and all members of the Board of Directors guarantee that the content of this announcement is consistent with the information provided by the information disclosure obligor.

Special Notice: Hualu Capital Holdings Co., Ltd. (hereinafter referred to as "Hualu Capital"), a shareholder holding 57,287,328 shares of Beijing Ba Na Qian Cheng Film and Television Co., Ltd. (hereinafter referred to as the "Company"), representing 6.08% of the Company's total share capital, plans to reduce its total shareholding through centralized bidding and block trading within three months from the date of this announcement (i.e., from April 24, 2026, to July 23, 2026). The total reduction will not exceed 10,360,786 shares (representing 1.1% of the Company's total share capital), of which no more than 9,418,896 shares (representing 1% of the Company's total share capital) will be reduced through centralized bidding, and no more than 941,890 shares (representing 0.1% of the Company's total share capital) will be reduced through block trading. The Company recently received the "Notice of Share Reduction Plan" from Hualu Capital, and the relevant situation is hereby announced as follows:

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