YTO Express: Alibaba's Hangzhou Hao Yue plans to reduce its stake in the company by no more than 2%.

Yuantong Express announced that Hangzhou Haoyue, a shareholder with more than 5% stake, plans to reduce its holdings by no more than 68,453,200 shares through block trading from April 10, 2026 to July 9, 2026, accounting for no more than 2% of the total share capital of the company. Hangzhou Haoyue is a subsidiary of Alibaba Group Holding Limited.