Baiyang Investment deputy general manager plans share reduction

Baiyang Industry Investment Group Co., Ltd. announced that its deputy general manager, Mr. Yang Sihua, plans to reduce his holdings in the company. Mr. Yang currently holds 1,464,477 shares, representing approximately 0.42% of the company's total share capital after excluding repurchased shares.

The planned reduction involves up to 246,000 shares, which is about 0.07% of the total share capital (excluding repurchased shares) or 25% of Mr. Yang's current holdings. The shares will be sold via centralized bidding within three months, starting 15 trading days after the announcement's disclosure (from January 6, 2026, to April 3, 2026). The selling price will be determined by the secondary market price at the time of the transaction, and the reason for the sale is personal financial needs.

Mr. Yang Sihua confirmed that he has strictly adhered to prior commitments regarding share transfers, and this planned reduction aligns with his previously disclosed holding intentions and commitments. The reduction will not affect the company’s control or its ongoing operations.