002482SZSE

Notice on Judicial Auction of Shares Held by Shareholders with Over 5% Stake

Shenzhen Grandland Group Co., Ltd.··3 pages

✨ AI Summary

This announcement informs that 120,000,000 shares of Shenzhen Guotian Group Co., Ltd., held by Guotian Holdings Group Co., Ltd., will be auctioned judicially. This represents 15.67% of Guotian Holdings' shares and 3.20% of the company's total shares. The auction will not affect the company's control or governance structure. The auction is scheduled for June 22-23, 2026.

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Full Translation

AI Translation· azure_openai

Shenzhen Guotian Group Co., Ltd.
Announcement No.: 2026-019

This company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Risk Warning:

  1. The subject of this judicial auction is 120,000,000 shares of Shenzhen Guotian Group Co., Ltd. (hereinafter referred to as "the Company") held by Guotian Holdings Group Co., Ltd. (hereinafter referred to as "Guotian Holdings"), which accounts for 15.67% of its shares and those of its concerted actors, and 3.20% of the Company's total share capital.
  2. As of the date of this announcement, Guotian Holdings is a shareholder holding over 5% of the Company but is not the controlling shareholder. This judicial auction of shares will not lead to a change in the Company's control and will not have a significant impact on the Company's governance structure and operations.
  3. Bidders in the judicial auction must comply with the relevant provisions of Article 13, Paragraph 1, Article 15, Paragraph 1 of the "Interim Measures for the Administration of Share Reduction by Shareholders of Listed Companies," and Article 16, Item (3), and Article 15, Paragraph 2 of the "Self-Regulatory Guidelines No. 18 for Listed Companies on the Shenzhen Stock Exchange - Share Reduction by Shareholders, Directors, and Senior Management (2025 Revision)," which stipulate that they may not reduce their transferred shares within six months after the acquisition.

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