Aojie Technology (688220.SH): Alibaba (China) Network Technology Co., Ltd. reduces its stake in the company by 1.3%

Aojie Technology (688220.SH) announced that on December 1, 2025, the company received a notice from shareholder Alibaba (China) Network Technology Co., Ltd. regarding a change in shareholder equity reaching a 1% threshold. From November 24, 2025 to December 1, 2025, Alibaba (China) Network Technology Co., Ltd. reduced its holdings of the company's shares by 5.439 million shares through centralized bidding and block trading, decreasing its proportion of the company's total share capital from 13.99% to 12.69%.