China Baoan Group(000009.SZ) shareholder Fu'an Company completes the sale of 1% of its shares.

Announcement from China Baoan Group (000009.SZ): The company's shareholder, Shenzhen Fu'an Holdings Co., Ltd. ("Fu'an Company"), has decreased its holdings of the company's shares by a total of 2.5785 million shares, representing 1% of the total share capital. The share reduction plan has been successfully completed.