B · Normal
[Aojie Technology: Alibaba Networks reduced its holdings of 5.2831 million shares in the company from August 17 to September 7] On September 7, Aojie Technology (688220.SH) announced that the company’s shareholder Alibaba Networks will reduce its holdings in 2026 From August 17 to September 7, 2019, the company reduced its holdings of 5.2831 million shares of the company through centralized bidding and block trading, with the proportion of the total share capital reduced from 12.43% to 11.17%, and the change in equity touched the 1% mark. This shareholding reduction does not involve a tender offer and will not result in a change in the company's actual controller.
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