Tieliu Shares' Controlling Shareholder Reduces Stake by 4.66 Million Shares, 2% of Total Equity

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Tieliu Shares announced that its controlling shareholder, Desa Group, reduced its stake by 4.66 million shares through block trades, representing 2% of the company's total equity, bringing its shareholding down to 34.90%. In the first quarter of 2026, Tieliu Shares achieved revenue of 568 million yuan and a net profit attributable to the parent company of 29.65 million yuan.

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