China Securities News Agency, may 22 – according to the announcement of the Hong Kong stock exchange, the shares of Alibaba health indirectly held by Alibaba Group Holding Co., Ltd. through its subsidiaries increased from 7.665 billion shares to 7.713 billion shares, and the corresponding proportion in the total issued share capital of Alibaba health increased from 56.7% to about 57.06%. In the view of the industry, the increase of Alibaba’s shareholding ratio is conducive to Alibaba health to further cooperate with Alibaba’s ecological strength, consolidate the existing pharmaceutical e-commerce business, and connect a one-stop medical and health service system of Wuxi Online Offline Communication Information Technology Co.Ltd(300959) combination.
In addition, according to Alibaba health’s announcement, on May 20, innovare tech Limited, a subsidiary of Yunfeng fund, made in kind distribution to the limited partners (LP) of the fund in proportion to some of the shares held by Alibaba health, which is the transfer of stock rights and interests rather than the cash distribution after the sale of shares.
For this assignment, Yunfeng Fund believes that it is a regular fund management behavior. Yunfeng fund is always optimistic about the long-term development of Alibaba health in the big health track and will continue to maintain good cooperation with Alibaba health in the field of big health. After the distribution, Alibaba remains the largest and ultimate controlling shareholder of Alibaba health.
