On the evening of December 12, Baiguoyuan Group announced on the Hong Kong Stock Exchange that the company received a notice from its controlling shareholder Yu Huiyong that Yu Huiyong intends to acquire no more than 10 million H shares through open market transactions within 12 months from the date of this announcement to increase its total holdings in the company's H shares. As of the date of this announcement, Yu Huiyong, along with the entities under his control, had an interest in a total of 736,250,759 H shares, accounting for about 36.8% of the company's total issued shares.

On the evening of December 12, Baiguoyuan Group announced on the Hong Kong Stock Exchange that the company received a notice from its controlling shareholder Yu Huiyong that Yu Huiyong intends to acquire no more than 10 million H shares through open market transactions within 12 months from the date of this announcement to increase its total holdings in the company's H shares. As of the date of this announcement, Yu Huiyong, along with the entities under his control, had an interest in a total of 736,250,759 H shares, accounting for about 36.8% of the company's total issued shares.