Documents from the Hong Kong Stock Exchange show that TENCENT's Shareholding in WEIMOB INC decreased from 8.39% to 2.94%; in UBTECH, the Shareholding decreased from 8.05% to 2.08%. Notably, TENCENT's continuous Shareholding reduction in WEIMOB INC and UBTECH resulted in a total cash-out of 1.67 billion HKD. In response, a reporter called WEIMOB INC as an investor, and a relevant person stated that TENCENT's Shareholding reduction does not have any impact on the company's Business, as this should be a decision made by the Shareholder based on personal investment considerations, and the reduction is not specifically aimed at just this company. This evening, WEIMOB INC also announced that the company and TENCENT will continue to maintain a mutually beneficial business partnership. The company will continue to serve as the provider of WeChat shops, mini-programs, and TENCENT advertising, offering high-quality Saas products and precise Marketing Services to merchants within the TENCENT ecosystem, promoting business growth for merchants. As of the time of publication, UBTECH has not yet released any relevant announcements.