Sichuan Jinding: The 10.25% stake held by the major shareholder will be auctioned off by the judiciary

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Everyday AI News, on March 29, Sichuan Jinding announced that the Shenzhen Intermediate People’s Court in Guangdong Province will conduct a judicial auction of 35,776,700 unrestricted tradable shares held by the major shareholder, Pusu Zhichun, from 10:00 AM on May 12 to 10:00 AM on May 13 on an online platform. This represents 10.25% of the company’s total share capital and has been split into 10 auction parts. If the auction is successful and the subsequent share transfer procedures are completed, the total number of shares held by major shareholder Pusu Zhichun will decrease to 35,776,700 shares, expected to represent 10.25% of the company’s total share capital. If the shares in this auction are successfully sold and the judicial transfer is completed, there will be no change in the company’s controlling shareholder and actual controller for now, but there is uncertainty regarding future changes in the controlling shareholder and actual controller.

Daily Economic News

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