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YTO Express: Hangzhou Haoyue, a subsidiary of Alibaba, plans to reduce its holdings in the company by no more than 2%
YTO Express Co., Ltd. announced that a shareholder holding more than 5%, Hangzhou Haoyue, plans to reduce its holdings of the company’s shares by no more than 68.4532 million shares, with a reduction ratio of no more than 2% of the company’s total share capital, during the period from April 10, 2026 to July 9, 2026, through block trades, based on considerations for its own development strategy and capital planning. Hangzhou Haoyue is an entity within Alibaba Group Holding Limited.