Red Poly: The largest shareholder, the actual controller, and some directors plan to collectively reduce their holdings by no more than 2.01% of the company's shares.

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People’s Finance News, April 2. On April 2, Hongbaoli (002165) announced that the company’s largest shareholder, Jiangsu Baoyuan Investment Management Co., Ltd. (hereinafter referred to as “Baoyuan Investment”), which holds 19.44% of the shares, plans to reduce its holdings of the company’s shares by no more than 5.7527 million shares through centralized bidding transactions, accounting for no more than 0.7824% of the total share capital; through block trades, it plans to reduce its holdings by no more than 7.3527 million shares, accounting for no more than 1% of the total share capital. The actual controller and chairman, Rui Jinggong, who holds 0.92% of the shares, plans to reduce his holdings of the company’s shares by no more than 1.6 million shares in total through centralized bidding transactions, accounting for no more than 0.2176% of the total share capital. Director Kong Weilai plans to reduce his holdings of the company’s shares by no more than 75,000 shares through centralized bidding transactions, accounting for no more than 0.01% of the total share capital.

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