Baida Group Co.,Ltd (600865.SH) announced that from October 1, 2024 to October 31, 2024, the company sold 2,077,000 shares of Bank of Hangzhou through the Shanghai Stock Exchange stock trading system in a centralized bidding manner, with a transaction amount of 29,950,636.00 yuan. This year, a total of 4,069,100 shares of Bank of Hangzhou have been sold, with a total transaction amount of 56,533,977.00 yuan, accounting for 2.47% of the company's most recent audited net assets; the cumulative impact on the net income attributable to the shareholders of the listed company is 13,614,463.24 yuan, accounting for 100.32% of the most recent audited net income attributable to the shareholders of the listed company. The company still holds 9,461,545 shares of Bank of Hangzhou. The profit from selling Bank of Hangzhou shares and the fair value changes of the current holdings of Bank of Hangzhou shares will affect the company's net income.