Huayi Brothers (300027.SZ): Alibaba Venture Capital and its co-actor Ma Yun's shareholding ratio fell below 5%

According to the Zhitong Finance App, Huayi Brothers (300027.SZ) announced that the company's shareholder Ali Venture Capital reduced its holdings by 295.26,800 shares through a bulk transaction on December 17, 2025, and the shareholding ratio was reduced from 3.467799% to 2.403580%. The total shareholding ratio of Alibaba Venture Capital and Ma Yun, a co-actor, fell from 6.064215% to 4.999996%, and he is no longer a shareholder holding more than 5% of the company's shares. This reduction in holdings is beneficial to the stability of the company's shareholding structure and will not adversely affect the normal operation of the company.