Wangwuyun (02602.HK) announced on the evening of December 31 that as of that day, the expected proportion of ongoing related party Trade to the group's overall revenue in 2024 will be less than 9.8%. This is a continuous decline compared to the same period in the past three years. It is also expected that the balance of accounts receivable from related party Trade will be lower than the same period last year. Wangwuyun expects to recover more than 3 billion yuan of related party Trade accounts receivable in the second half of 2024, of which approximately 1.2 billion yuan will be directly repaid with Cash or physical Assets through the acquisition of physical Assets to offset accounts receivable from related parties.