YOFC urgently releases a 10% decline. A-share shareholder YCIG plans to reduce its holdings of no more than 1 million A-shares from today until early July

YOFC (06869.HK) saw its stock price surge by 6.9% yesterday (the 9th) (an increase of approximately 3.65 times since the beginning of the year based on the previous closing price). This morning (the 10th), the stock faced selling pressure, opening up 1.08% at HKD 243, but then fluctuated downward, hitting a low of HKD 215 during the session, a drop of 10.6%. It is currently reported at HKD 217, down 9.7%, with a trading volume of HKD 5.321 billion. YOFC's A shares (601869.SH) closed at RMB 377.18 at midday, down 5.3%, with a trading volume of RMB 6.499 billion.

YOFC's A shares issued a notice on March 19 this year, stating that its shareholder YCIG (600345.SH) plans to reduce its holdings of the company's A shares by no more than 1 million shares, accounting for 0.12% of the company's total share capital, through centralized bidding transactions from April 10, 2026, to July 9, 2026, due to its own operational development needs. Meanwhile, YCIG (600345.SH) hit the daily limit up, reported at RMB 54.36