Nanjin Baose (300402.SZ) shareholder Shanxi Huaxin Hai plans to collectively reduce their shareholding by no more than 1%.

Announcement by Nanjin Baose (300402.SZ), the company's shareholder Shanxi Huaxin Hai Trading Co., Ltd. (referred to as "Shanxi Huaxin Hai") plans to reduce its holdings of the company's shares through centralized bidding from July 30, 2025 to October 29, 2025, with a maximum of 2.4679 million shares (not exceeding 1.00% of the total share capital of the company).