Baination's major shareholder Liu Dehong plans to reduce his holdings by no more than 1%
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According to the Zhitong Finance APP, Baination announced that Mr. Liu Dehong, a shareholder holding 5.01% of the company's shares, plans to reduce his holdings of the company's shares by no more than 9.4189 million shares (accounting for 1% of the company's total share capital) through centralized bidding and block trading within three months after the date of this announcement (i.e., from June 11, 2025, to September 10, 2025)
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