Yunda Express: Shareholder Plans to Reduce Holdings by No More Than 2% of Company Shares

People’s Financial News, March 18 — YTO Express (600233) announced on March 18 that shareholder Hangzhou Haoyue Enterprise Management Co., Ltd., which holds 7.06% of the shares, plans to transfer a total of no more than 68,453,200 shares through block trades, representing no more than 2% of the company’s total share capital. Hangzhou Haoyue is an enterprise controlled by Alibaba Group Holding Limited.

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