Panda Dairy: Shareholder Taian Baosheng has reduced their holdings by 0.2420%.

Panda Dairy announced that shareholder Taian Baosheng, holding 5.2419% of the company's shares, reduced their holdings by 30,010 shares through centralized bidding from October 17, 2025 to November 7, 2025, with an average selling price of 26.8 yuan per share, accounting for 0.2420% of the total share capital of the company. The reduced holding period has expired, and Taian Baosheng's holdings have decreased from 6.5 million shares to 6.1999 million shares, and their shareholding has decreased from 5.2419% to 4.9999%.