Analysis: Jack Ma has indirectly invested in ETH and holds approximately 11.15% of shares in Ant Group.

BlockBeats News, September 2nd, according to public data, Alibaba's founder Jack Ma indirectly holds about 11.15% of Yunfeng Financial through Yunfeng Fund, holding 29.85% in Yunfeng Financial Holding Limited and 40% in Shanghai Yunfeng Xinchuang (with no voting rights).

Today, the Hong Kong-listed company Yunfeng Financial (00376.HK) announced that the Board of Directors has approved the purchase of ETH on the open market as a reserve asset. As of the announcement date, the Group has cumulatively purchased 10,000 ETH on the open market, with a total investment cost (including fees and expenses) of $44 million. The funds for this purchase are from the Group's internal cash reserves, and the purchased ETH is classified as an investment asset in the Group's financial statements.

BlockBeats Note: Due to the complex equity structure with multiple layers of nesting and the lack of a recent public announcement for accurately calculating Jack Ma's indirect ownership percentage of Yunfeng Financial, the 11.15% shareholding ratio may fluctuate. It is the minimum percentage calculated based on the latest available announcements.