Bao Li Food: shareholders with more than 5% stake reducing their holdings, equity changes reaching the 1% threshold.

BaoLi Foods announced that their shareholder Shanghai Houxu Asset Management, holding more than 5% of the shares, originally planned to reduce their holdings by up to 12,000,300 shares, or 3% of the total share capital, through centralized bidding and block trading from December 10, 2025 to March 9, 2026. From December 22, 2025 to January 13, 2026, Shanghai Houxu Asset Management has cumulatively reduced holdings by 1,259,300 shares through centralized bidding, accounting for 0.31% of the total share capital. The shareholding ratio decreased from 6.25% to 5.94%, triggering a change in equity exceeding the 1% threshold. This reduction is in line with the plan and will not change the controlling shareholder or the actual controller. The company will continue to monitor the progress of the reduction.