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Baicheng Co., Ltd. announced that as of August 6, 2026, the controlling shareholder, Wuxi Rongji Enterprise Management Partnership, had reduced its holdings of the company's shares by a total of 2,032,400 shares through centralized bidding, accounting for 0.3862% of the total share capital. After this change in equity, the total shareholding ratio of Wuxi Rongji and its co-actors fell from 71.27% to 70.88%, hitting the 1% scale. This change in equity is due to the implementation of the holdings reduction plan. It has not been implemented. It will not lead to changes in controlling shareholders or actual controllers, nor does it violate relevant regulations.
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Baicheng Co., Ltd. announced that as of August 6, 2026, the controlling shareholder, Wuxi Rongji Enterprise Management Partnership, had reduced its holdings of the company's shares by a total of 2,032,400 shares through centralized bidding, accounting for 0.3862% of the total share capital. After this change in equity, the total shareholding ratio of Wuxi Rongji and its co-actors fell from 71.27% to 70.88%, hitting the 1% scale. This change in equity is due to the implementation of the holdings reduction plan. It has not been implemented. It will not lead to changes in controlling shareholders or actual controllers, nor does it violate relevant regulations.
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