阿里、马云减持华谊兄弟，持股比例跌破5%

Group 1 - On December 17, Huayi Brothers announced that its shareholder Alibaba Venture Capital reduced its stake by 29.5268 million shares, decreasing its holding from 3.467799% to 2.403580% [2] - Alibaba Venture Capital and its concerted party, Jack Ma, saw their combined shareholding drop from 6.064215% to 4.999996%, no longer qualifying as a shareholder with over 5% [2] - The reduction in shareholding is expected to stabilize the company's equity structure and will not adversely affect its normal operations [2] Group 2 - On December 10, Huayi Brothers reported a temporary liquidity crunch due to delayed receivables, resulting in overdue debts totaling 52.5 million yuan, which exceeds 10% of the company's audited net assets for 2024 [4] - The company also disclosed that 15.392 million shares held by its controlling shareholder, Wang Zhongjun, are set for a second judicial auction, representing 48.54% of his total holdings and 5.55% of the company's total shares [4] - Huayi Brothers and its legal representative Wang Zhongjun have been restricted from high consumption due to a lawsuit involving an advertising contract dispute, with previous executions amounting to over 11.4 million yuan [4][5] Group 3 - For the first three quarters of 2025, Huayi Brothers reported total revenue of 215 million yuan, a year-on-year decline of 46%, and a net loss attributable to shareholders of 114 million yuan, widening by 168% [4] - The company has accumulated losses exceeding 8.2 billion yuan over the past seven years, with annual losses reported from 2018 to 2024 [4] - As of December 17, 2025, Huayi Brothers' stock closed at 2.17 yuan per share, giving it a total market capitalization of approximately 6.021 billion yuan [6]