RS MACALLINE (01528) announced that it recently received a shareholding reduction notice from Taobao Holding and New Retail Fund. Between December 12 and December 16, 2025, the two entities collectively sold 41.65 million H shares through centralized bidding, representing 0.96% of the company's total issued share capital.

Specifically, Taobao Holding reduced its stake by 20.82 million H shares (0.48% of total shares), while New Retail Fund sold 20.82 million H shares (0.48%). Following this transaction, the combined holdings of major shareholder Hangzhou Haoyue and its concert parties decreased from 319 million shares (7.33%) to 277 million shares (6.37%), marking a 1% threshold-crossing change in ownership percentage.