Bao Tong Technology: Shareholders plan to collectively reduce their shareholding by no more than 2.36% of the company's shares.
Bao Tong Technology announced that the company's controlling shareholder and actual controller, director, and general manager Bao Zhifang plan to reduce their holdings by no more than 8,374,934 shares, accounting for 2.00% of the total share capital of the company; director and deputy general manager Tang Yu plan to reduce their holdings by no more than 1,526,988 shares, accounting for 0.36% of the total share capital of the company. The reason for the reduction is personal fund needs, and the reduction period is from July 29, 2025, to October 28, 2025. Both individuals declare their confidence in the company's development prospects and intend to continue holding the company's shares for the long term.
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