On September 2, 2026, Junhua Wu acquired 13,500 American Depositary Shares (representing 40,500 Class A ordinary shares) of BAOZUN-W from the open market at an average of USD 0.9483 per Class A share, involving about USD 38,406.
Prior to the acquisition, Junhua Wu's long position in BAOZUN-W was 3.57 million shares, representing 2.05%; following the acquisition, the holding changed to 3.61 million shares, with the long position ratio rising to 2.07%.
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