Aojie Technology (stock code 688220.SH): Alibaba (China) Network Technology Co., Ltd. has reduced its shareholding in the company by 1.3%.

Wisdom financial news APP, the announcement of Aojie Technology (688220.SH) stated that on December 1, 2025, the company received a notice from its shareholder Alibaba (China) Network Technology Co., Ltd. entitled "Notice on reaching the 1% threshold of shareholder equity change proportion." 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 auction and block trading, decreasing its proportion of the company's total share capital from 13.99% to 12.69%.