Group 1 - Dongyang Alibaba Film Co., Ltd. has reduced its stake in Bona Film Group from 5.6153% to 5%, no longer being a shareholder with over 5% ownership [1] - The reduction involved selling a total of 8.4575 million shares, accounting for 0.6153% of the total share capital, with specific transactions occurring between September 1 and October 20, 2025 [1][2] - The share prices during the reduction ranged from 4.97 to 5.49 CNY per share [1][3] Group 2 - Dongyang Alibaba Film's reduction was part of a broader strategy, as the company had previously announced a plan to sell up to 27.3389 million shares, which was not exceeded [2] - Alibaba has been reducing its stakes in non-core businesses, including recent reductions in Suning and YTO Express [2] - The company has established a strategic focus on "user-first" and "AI-driven" initiatives, leading to a restructuring of its business priorities [2] Group 3 - CITIC Securities and its concerted parties have also completed their reduction plan, selling a total of 19.8146 million shares, resulting in a remaining stake of 8.84% [3] - The reduction by CITIC Securities involved multiple parties, with share prices ranging from 4.78 to 5.83 CNY per share [3]
东阳阿里影业减持博纳影业股份至5%以下