Baida Group Co.,Ltd announced that from December 1 to December 31, 2024, the company sold 0.17 million shares of Bank Of Hangzhou stocks through the Shanghai Exchange stock trading system via centralized bidding, with a transaction amount of 2.4169 million yuan. The total sale of Bank Of Hangzhou stocks for the year is 4.2391 million shares, with a cumulative transaction amount of 58.9509 million yuan, accounting for 2.57% of the company’s most recent audited net assets; the cumulative impact on Net income attributable to the shareholders of the listed company is 13.9799 million yuan, accounting for 103.01% of the company’s most recent audited Net income attributable to the shareholders of the listed company. The company currently holds 9.2915 million shares of Bank Of Hangzhou. The income derived from the sale of the Bank Of Hangzhou stocks and the fair value changes of the currently held Bank Of Hangzhou stocks will affect the company’s Net income.