Bao color Co., Ltd. (300402.SZ) shareholder Shanxi Huaxin Hai intends to collectively reduce their holdings by no more than 1% of the shares.

Tencent Finance APP News, Bao Se Shares (300402.SZ) announced that the company's shareholder Shanxi Huaxin Sea Trading Co., Ltd. (referred to as "Shanxi Huaxin Sea") plans to reduce its holdings of the company's shares by no more than 2,467,900 shares (not exceeding 1.00% of the total share capital of the company) through centralized bidding from July 30, 2025 to October 29, 2025.