Core Points - Alibaba's investment arm, Ali Venture, has reduced its stake in Huayi Brothers, dropping its combined holding with Jack Ma from 6.064215% to 4.999996%, officially exiting the major shareholder category [1] - Ali Venture sold 29.5268 million shares at a price of 2.11 yuan per share, raising approximately 62.3 million yuan, with the shares coming from earlier private placements [1] - Huayi Brothers emphasized that this reduction is based on Ali Venture's own business arrangements and will not adversely affect the company's normal operations or control [1] Financial Performance - Huayi Brothers has faced ongoing operational pressures and financial difficulties, with continuous losses since 2018, totaling over 8.2 billion yuan [2] - For the first three quarters of 2025, the company reported revenues of 215 million yuan, a year-on-year decline of 46.08%, and a net loss of 114 million yuan, a significant drop of 168.15% year-on-year [2] - The company is experiencing a debt crisis, with overdue debts totaling 52.5 million yuan, exceeding 10% of the audited net assets for 2024 [2] Shareholder Situation - Wang Zhongjun's 154 million shares (48.54% of his total holdings and 5.55% of the total shares) are set for a second auction after the first auction failed [2] - Wang Zhongjun and Wang Zhonglei's combined shares have been 100% frozen, indicating significant pressure on the company's capital structure [2]
阿里减持华谊兄弟 持股比例降至5%以下