Securities Code: 000820
Securities Abbreviation: *ST Energy
Announcement Number: 2026-047
Shenzhou Energy Co., Ltd. announces that part of the shares held by its major shareholder, Shenzhou Technology Group Co., Ltd. (hereinafter referred to as "Shenzhou Group"), will be subject to judicial auction.
Special Reminder:
- The shares to be auctioned originate from the shares issued during the significant asset restructuring of Shenzhou Energy Co., Ltd. in 2016 and are classified as restricted shares. Shenzhou Group made performance compensation commitments during the restructuring that have not yet been fulfilled. If the auction is completed, the buyer will assume the corresponding performance compensation obligations in proportion to their shareholding. Investors are advised to make cautious decisions and be aware of investment risks.
- The shares to be auctioned have been judicially frozen and are subject to pending freezes. As of the date of this announcement, the judicial auction is still in the public notice phase, and the auction results are uncertain. The company will closely monitor the subsequent developments of this auction and fulfill its information disclosure obligations in a timely manner. All information from the company shall be based on what is published in designated media. Investors are advised to make cautious decisions and be aware of investment risks.