On August 21, 2026, Macquarie Group Limited disposed of 374,840 shares of Shanghai REFIRE Group Ltd. H shares. In addition, the declarant exercised 300,000 warrants, receiving 300,000 shares (as per supplementary information).
Prior to the disposal, Macquarie Group Limited's long position in REFIRE was 8.94 million shares, representing 10.06%; following the disposal, the holding changed to 8.56 million shares, with the long position ratio falling to 9.63%.