YoukeDe: part of the shareholders' agreement to transfer 5.13% of the shares, the transfer price is 4.62 billion yuan.

Youku Notice: The company's controlling shareholder and actual controller, Mr. Mo Xianfeng, Mr. Hua Kun, and Shanghai Taiying Private Equity Fund Management Co., Ltd. have signed a "Stock Transfer Agreement" to transfer 23.4285 million shares of the company, accounting for 5.13% of the total share capital, at a transfer price of 19.74 yuan/share, with a transfer price of 462 million yuan. The transferee undertakes not to reduce its shareholding externally within 12 months after the completion of share transfer registration. This agreement transfer does not involve a tender offer, will not change the company's controlling shareholder and actual controller, nor will it have a significant impact on the company's corporate governance structure and future operations.