Maison KC: Shareholder Hangzhou Haoyue's stake decreases to 4.99%

MK Furniture announced that shareholder Hangzhou Haoyue Enterprise Management Co., Ltd., which owns more than 5% of the company's shares, and its concerted action person have reduced their shareholding in the company. After the change in equity, Hangzhou Haoyue's shareholding ratio decreased from 9.9976% to 4.99% and no longer holds any company shares. Hangzhou Haoyue reduced its holdings by 73.0107 million A-shares through centralized bidding and block trading, accounting for 1.68% of the company's current total share capital. Taobao Holdings and New Retail Fund reduced their holdings in the company through centralized bidding and block trading, totaling 1.66% of the company's current total share capital.