Baosheng Stock: Shareholders plan to reduce their holdings by no more than 3%.

Jinshi Data News on November 6th, Baosheng Stock announced that its shareholder Junjing Shengda, holding more than 5% of the shares, plans to reduce its holdings by no more than 41.141 million shares, accounting for 3% of the total share capital of the company. The reduction methods include Block Trading and Bidding. The reduction through Bidding will not exceed 13.137 million shares, accounting for 1% of the total share capital, and the reduction through Block Trading will not exceed 27.427 million shares, accounting for 2% of the total share capital. The reduction will be carried out within 3 months after 15 trading days from the disclosure of the announcement, and the reduction price will be determined based on the market price. This reduction will not affect the company's corporate governance structure and ongoing operations.