Patek Philippe: Hangzhou Zhonghu reduced its holdings by 2.67% from April to July.

Baide Precision announced that Hangzhou Zhonghu Private Equity Fund Management Co., Ltd. - Zhonghu - Yunsu No.1 Private Equity Securities Investment Fund reduced its holdings by 1.368 million shares through centralized bidding from April 28, 2025, to July 27, 2025, and reduced 4.04 million shares through block trading, with a total reduction of 5.408 million shares, a reduction ratio of 2.67%, and a transaction price range of 10.15 to 11.76 yuan/share, with a total reduction amount of 57.5286 million yuan; after the reduction, it holds 11.5173 million shares, accounting for 5.70%, with 657.3 thousand shares remaining to be reduced from the original plan.