Xin Lang Cai Jing·2025-11-28 12:17Core Points - The company announced that its board of directors will meet on November 28, 2025, to approve an increase in the expected daily related party transaction limit for advertising services provided to Alibaba to 500 million yuan, raising the total expected cap to 2.7 billion yuan [1] - From January to October 2025, the actual amount incurred for advertising services provided to Alibaba was 1.686 billion yuan, while the actual amount for purchasing goods or services was 98 million yuan [1] - As of now, Hangzhou Haoyue and its concerted actors hold a total of 8.88% of the company's shares [1] - The increase in the transaction limit does not require submission for shareholder meeting approval and does not constitute a major asset reorganization [1]