Red Star Macalline Group Corporation (01528) shareholder Hangzhou Haoyue plans to reduce its holdings by a total of approximately 131 million shares in the company.

Red Star Macalline Group Corporation (01528) announced that the company recently received a "Notice of Share Reduction" from Hangzhou Haoyue. Hangzhou Haoyue intends to reduce its holdings of the company's shares by no more than 130,641,979 shares (3% of the company's total share capital) through centralized bidding and block trading. This includes reducing the company's shares through centralized bidding by no more than 43,547,326 shares (1% of the company's total share capital); and reducing the company's shares through block trading by no more than 87,094,653 shares (2% of the company's total share capital). The reduction period is within 3 months after the disclosure of this announcement, starting from 15 trading days after the date of this announcement, from December 25, 2025 to March 24, 2026 (if there are stock dividends, capital reserve capital increase, or other changes in shareholding during the planned reduction period, the above reduction quantities will be adjusted accordingly, and no reduction will be made during the window period and the silent period of trading prohibited by the Hong Kong Stock Exchange Listing Rules).