The main shareholder of Baotou Dongbao Bio-tech (300239.SZ), China Shengyuan, has completed the reduction of 1.998% of its shares.

Baotou Dongbao Bio-tech (300239.SZ) announcement, the company's shareholder Hainan Baina Shengyuan Technology Co., Ltd. ("Baina Shengyuan") has cumulatively reduced its holdings of the company's shares by 11.86 million shares, accounting for 1.998% of the total share capital. This reduction plan has been terminated ahead of schedule.