Beilu Pharma: Three Gorges Paint reduced its stake by 0.60% in the company

Beilu Pharma announced that the share reduction plan of its shareholder, Three Gorges Paint, who holds more than 5% of the shares, has been completed. Three Gorges Paint has cumulatively reduced its holdings by 2.9988 million shares through centralized bidding transactions, accounting for 0.60% of the company's total share capital. The reduction period was from March 25, 2025, to June 19, 2025, with an average reduction price between RMB 6.72 and RMB 8.72 per share. After the reduction, Three Gorges Paint's holdings in the company decreased from 40.4645 million shares to 37.4657 million shares, with its proportion of the company's total share capital dropping from 8.23% to 7.59%. This reduction will not lead to a change in the company's control and will not affect the company's governance structure or ongoing operations