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Ali, big move!

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On the evening of December 1st, A-share listed companies Yuantong Express, Red Star Macalline, and Liren Beauty successively released equity change reports, stating that their shareholders holding more than 5% of the shares, Alibaba (China) Network Technology Co., Ltd., transferred their shares in the listed company to the newly established concerted action company - Hangzhou Haoyue Enterprise Management Co., Ltd. After the transaction is completed, Alibaba Network will no longer directly hold shares in the listed company.
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