Baosheng Science and Technology Innovation announced that the shareholder Junjingshengda, holding more than 5% of the shares, plans to reduce its holdings by no more than 41.141 million shares, accounting for 3% of the total share capital of the company. The reduction methods include centralized bidding and block trading, with centralized bidding reducing by no more than 13.7137 million shares, accounting for 1% of the total share capital, and block trading reducing by no more than 27.4273 million shares, accounting for 2% of the total share capital. The reduction will take place within 3 months after the disclosure of the announcement over 15 trading days, and the reduction price will be determined based on market prices. This reduction will not affect the company's governance structure and ongoing operations.