Wisdom Financial APP news, Beida Jade Bird (08095) announced that, as of the date of this announcement, the group holds 175,474,469 shares of Jade Bird Fire (002960.SZ) (excluding sale shares), accounting for approximately 23.57% of the total number of target shares issued.

Directors recommend obtaining authorization from shareholders to possibly sell up to 20 million shares of target shares during the authorized period through (i) the open market of the Shenzhen Stock Exchange and/or (ii) entering into a sale agreement with placement agents to sell a maximum of 20 million shares of target shares through block trades on the Shenzhen Stock Exchange, accounting for approximately 2.69% of the total target shares issued as of the date of this announcement.