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China Baoan's major shareholder Shaoguan Gaochuang completes the share increase plan, raising the shareholding ratio to 18%
Ruisi Network News: On March 9, China Baoan Group Co., Ltd. announced that its shareholder Shaoguan Gaochuang Enterprise Management Co., Ltd., holding more than 5% of the shares, has completed its share repurchase plan. From September 9, 2025, to March 8, 2026, Shaoguan Gaochuang increased its holdings by a total of 25,792,106 shares through centralized bidding, accounting for 1% of the company’s total share capital. After the purchase, Shaoguan Gaochuang’s ownership in China Baoan increased from 17% to 18%. This increase was based on confidence in the company’s future sustainable development and recognition of its long-term investment value, and it did not result in the company’s shareholding structure losing its listing conditions.