Hengbao Co., Ltd. issued a change announcement. After verification, the company's controlling shareholders and actual controllers traded the company's shares during periods of abnormal fluctuations in stock trading. On March 6, 2025, the company disclosed the “Pre-Disclosure Notice Concerning Reduction of Shareholdings by Controlling Shareholders and Actual Controllers”. Qian Jing, the controlling shareholder and actual controller of the company, plans to reduce the company's shares. During the period when the company's stock fluctuated abnormally, Qian Jing reduced his holdings of the company's shares. This reduction was consistent with the previously disclosed holdings reduction plan, and there were no cases of illegal holdings reduction.

Hengbao Co., Ltd. issued a change announcement. After verification, the company's controlling shareholders and actual controllers traded the company's shares during periods of abnormal fluctuations in stock trading. On March 6, 2025, the company disclosed the “Pre-Disclosure Notice Concerning Reduction of Shareholdings by Controlling Shareholders and Actual Controllers”. Qian Jing, the controlling shareholder and actual controller of the company, plans to reduce the company's shares. During the period when the company's stock fluctuated abnormally, Qian Jing reduced his holdings of the company's shares. This reduction was consistent with the previously disclosed holdings reduction plan, and there were no cases of illegal holdings reduction.