Baida Group Co.,Ltd. (600865.SH) announced that from August 1, 2024 to August 31, 2024, the company sold 1,242,100 shares of Bank of Hangzhou stock through the stock trading system of the Shanghai Stock Exchange, with a total transaction amount of 16,566,291.00 yuan. The total number of shares of Bank of Hangzhou sold this year is 1,992,100, with a cumulative transaction amount of 26,583,341.00 yuan, accounting for 1.16% of the company's most recent audited net assets; the cumulative impact on the net income attributable to shareholders of the listed company is 6,005,436.56 yuan, accounting for 44.25% of the most recent audited net income attributable to shareholders of the listed company. The company still holds 11,538,545 shares of Bank of Hangzhou. The income from the sale of Bank of Hangzhou stock and the fair value changes of the current holding of Bank of Hangzhou stock will affect the company's net income.