Hunan Baiyin (002716.SZ) shareholder Changcheng Capital Management plans to reduce its shareholding by no more than 1.95%.

Zhitong Finance and Economics APP News, Hunan Baiyin (002716.SZ) announced that its shareholder, China Great Wall Asset Management Co., Ltd. (hereinafter referred to as "Great Wall Asset Management"), plans to reduce its holdings of the company's shares through centralized bidding and block trading within 3 months after the date of this announcement (from December 11, 2025 to March 10, 2026), with a total reduction of no more than 55 million shares, accounting for 1.95% of the company's total share capital.