China Baoan to release restricted shares for trading

China Baoan Group Co., Ltd. announced the upcoming release of 22,244,575 restricted shares for trading, effective July 9, 2025. This release stems from the company's equity split reform implemented in 2008. The shares account for 0.86% of the company's total share capital. Post-release, restricted shares will decrease to 3,193,500 shares. The move aims to fulfill commitments made during the company’s equity restructuring. The release includes shares held by Shenzhen Fu'an Holdings and Shenzhen Bao'an District Investment Management Group, among others. The company confirms adherence to relevant regulations and the absence of any fund occupation or guarantee violations by the involved shareholders.