Baodi Mining announced that specific shareholders Li Zhijie, Jiaxing Baodi Hidden Enterprise Management Partnership Enterprise, and Jiaxing Baorun Enterprise Management Partnership Enterprise plan to reduce their shareholding in the company through centralized bidding. Li Zhijie intends to reduce his shareholding by no more than 0.9559 million shares, accounting for 0.12% of the total share capital. Jiaxing Baodi Hidden intends to reduce its shareholding by no more than 0.2 million shares, accounting for 0.03% of the total share capital. Jiaxing Baorun intends to reduce its shareholding by 0.1 million shares, accounting for 0.01% of the total share capital.