Zhi Tong Cai Jing·2025-12-11 12:36Core Viewpoint - Red Star Macalline (601828) announced a share reduction by Taobao Holdings and New Retail Fund, indicating a strategic shift in shareholder structure [1] Group 1: Share Reduction Details - Taobao Holdings and New Retail Fund collectively reduced their holdings by 30.616 million H-shares from December 10 to December 11, 2025, representing 0.70% of the company's total share capital [1] - Taobao Holdings sold 15.308 million H-shares, accounting for 0.35% of the total share capital, while New Retail Fund also sold 15.308 million H-shares, representing another 0.35% [1] Group 2: Impact on Major Shareholders - Following the share reduction, the combined holdings of major shareholder Hangzhou Haoyue and its concert parties decreased from approximately 391 million shares to about 319 million shares, reducing their ownership percentage from 8.98% to 7.33% [1] - The change in equity holdings triggered a shift that touched the 1% integer threshold, indicating a significant alteration in the shareholder landscape [1]