Shang Hai Zheng Quan Bao·2025-12-11 19:22Core Viewpoint - The announcement details a significant reduction in shareholding by major shareholders of Red Star Macalline Group Corporation Limited, indicating a shift in ownership stakes that may impact the company's market perception and investor sentiment [1][2]. Group 1: Shareholder Information - The major shareholder, Hangzhou Haoyue Enterprise Management Co., Ltd., along with its concerted parties, Taobao China Holding Limited and New Retail Strategic Opportunities Investments 4 Limited, confirmed the accuracy and completeness of the information provided [1]. - The total shareholding of Hangzhou Haoyue and its concerted parties decreased from 391,072,606 shares (8.98%) to 319,080,906 shares (7.33%) following the recent share reduction [2]. Group 2: Share Reduction Details - Between December 10 and December 11, 2025, Taobao Holding and New Retail Fund collectively reduced their holdings by 30,616,000 H shares, representing 0.70% of the company's total share capital [2]. - Specifically, Taobao Holding sold 15,308,000 H shares (0.35%), and New Retail Fund also sold 15,308,000 H shares (0.35%) during this period [2]. Group 3: Future Share Reduction Plans - Hangzhou Haoyue plans to further reduce its holdings by up to 130,641,979 shares (3% of total share capital) through centralized bidding and block trading from December 25, 2025, to March 24, 2026 [3]. - As of now, Hangzhou Haoyue has not yet commenced this planned reduction [3]. Group 4: Impact of Shareholding Changes - The recent changes in shareholding will not result in a change of control for the company, nor will it significantly affect the company's governance structure or ongoing operations [4].