Baicheng Co., Ltd. announced that the company's shareholder Wuxi Rongji Enterprise Management Partnership's holdings reduction plan has been completed. From August 6 to October 22, 2026, Wuxi Rongji reduced its holdings of the company's shares by a total of 5.261,700 shares through centralized bidding, accounting for 1% of the company's total share capital. The reduced price range was 18.00 yuan/share to 27.18 yuan/share, and the total reduction amount was 125 million yuan. After this reduction in holdings, Wuxi Rongji held 9.7383 million shares of the company, accounting for 1.85% of the company's total share capital.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.