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Haoubo: Shareholders Terminate Concerted Action Relationship

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Haobio announced that, due to a change in the managing partner of Suzhou Wairun Investment Management Partnership (Limited Partnership), which is a company shareholder, Hai Ruixiang Tian Biotechnology (Group) Co., Ltd., a shareholder holding more than 5% of the company’s shares, and some of its acting-in-concert parties terminated their acting-in-concert arrangement, resulting in a change in equity. This change does not involve any increase or decrease in the actual number of shares held, nor does it trigger a tender offer. Before and after the change, Hai Ruixiang Tian held 7.6314 million shares of the company, representing 12.17%; JOHN LI held 0.2316 million shares, representing 0.37%; Suzhou Wairun held 2.203 million shares, representing 3.51%. This change in equity will not result in any change in the company’s controlling shareholder or actual controller.
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