Huayi Brothers (300027.SZ): Alibaba's investment and its concerted actor Jack Ma's shareholding ratio has decreased to below 5%

The Zhitong Finance and Economics APP news, Huayi Brothers (300027.SZ) announced that on December 17, 2025, shareholder Alibaba Innovation Investment reduced its holdings by 29.5268 million shares through block trading, and its shareholding ratio decreased from 3.467799% to 2.403580%. Alibaba Innovation Investment and its concerted action actor Jack Ma's total shareholding ratio decreased from 6.064215% to 4.999996%, no longer being a shareholder with more than 5% of the company's shares. This reduction in holdings is beneficial to the stability of the company's equity structure and will not have any adverse impact on the company's normal operation.