Baiyang Co., Ltd. announced that Yang Sihua, the company's deputy general manager, plans to reduce the company's share holdings by no more than 246,000 shares through centralized bidding transactions within 3 months after 15 trading days from the date of disclosure of the announcement, accounting for 0.07% of the company's total share capital after excluding the repurchase of shares in the special account. As of the announcement date, Yang Sihua held 1.464,500 shares of the company, accounting for 0.42% of the company's total share capital after excluding the repurchase of shares in the special account. The reason for the reduction in holdings is due to personal capital requirements. The price of the reduction will be determined according to the secondary market price of the company's stock when the holdings reduction is implemented.

Baiyang Co., Ltd. announced that Yang Sihua, the company's deputy general manager, plans to reduce the company's share holdings by no more than 246,000 shares through centralized bidding transactions within 3 months after 15 trading days from the date of disclosure of the announcement, accounting for 0.07% of the company's total share capital after excluding the repurchase of shares in the special account. As of the announcement date, Yang Sihua held 1.464,500 shares of the company, accounting for 0.42% of the company's total share capital after excluding the repurchase of shares in the special account. The reason for the reduction in holdings is due to personal capital requirements. The price of the reduction will be determined according to the secondary market price of the company's stock when the holdings reduction is implemented.