Gelonghui, January 1, 丨 Xinhua Department Store (600785.SH) announced that the company recently received an email notification from the Shanghai Baoyin Chuangying Most Potential Buffett Hedge Fund Phase 3 Liquidation Group (hereinafter referred to as the “Liquidation Team”). The clearing team sold 6,666,600 shares and 5,905,000 shares of the company's shares through a bulk transaction on December 29, 2023, for a total of 12,571,600 shares.

According to the notice from the liquidation team, the Shanghai Baoyin Phase 3 account has now disposed of 12,571,600 shares of the company, accounting for about 5.57% of the company's total shares. After this change in equity, the Shanghai Baoyin Phase 3 account held 1,464,217 shares of the company, accounting for about 0.65% of the company's total shares. In total, Shanghai Baoyin held 7,425,760 shares of Xinhua Department Store, accounting for about 3.29% of the company's total shares.