According to Ligao Foods's announcement, Bai Baokun, a shareholder holding more than 5% of the company's shares, reduced its holdings by 406,000 shares through centralized bidding from August 28 to September 21, 2026, accounting for 0.24% of the company's total share capital. After this holdings reduction, Bai Baokun held 13.5055 million shares of the company, and the shareholding ratio dropped from 8.22% to 7.98%, hitting an integer multiple of 1%. The current holdings reduction is in line with the previously disclosed holdings reduction plan. Currently, the holdings reduction plan has not been completed. Bai Baokun is not the controlling shareholder or actual controller of the company. This reduction in holdings will not result in a change in the company's control.

According to Ligao Foods's announcement, Bai Baokun, a shareholder holding more than 5% of the company's shares, reduced its holdings by 406,000 shares through centralized bidding from August 28 to September 21, 2026, accounting for 0.24% of the company's total share capital. After this holdings reduction, Bai Baokun held 13.5055 million shares of the company, and the shareholding ratio dropped from 8.22% to 7.98%, hitting an integer multiple of 1%. The current holdings reduction is in line with the previously disclosed holdings reduction plan. Currently, the holdings reduction plan has not been completed. Bai Baokun is not the controlling shareholder or actual controller of the company. This reduction in holdings will not result in a change in the company's control.