YTO Express shareholder plans significant share sale

Hangzhou Haoyue Enterprise Management Co., Ltd., a shareholder within Alibaba Group Holding Limited, has announced its intention to divest a portion of its holdings in YTO Express Group Co., Ltd. Hangzhou Haoyue currently holds 310,244,613 unrestricted shares, representing 9.06% of YTO Express's total share capital.

The planned reduction will involve the transfer of up to 68,450,994 shares, equivalent to no more than 2% of the company's total share capital, via block trades. This share sale, driven by the shareholder's development strategies and capital planning, is scheduled to occur within three months following 15 trading days from the announcement date of October 17, 2025, and extending until February 6, 2026.

This planned divestment by Hangzhou Haoyue is part of a broader group holding. Together with Hangzhou Alibaba Venture Capital Co., Ltd. and Zhejiang Cainiao Supply Chain Management Co., Ltd., the Alibaba-affiliated entities collectively hold 641,880,276 shares, representing 18.75% of YTO Express. The company assures that this plan will not impact its governance structure or ongoing operations.