002514SZSE
🚨 Material Event

Notice on Completion of Judicial Auction Transfer of Shares Held by Controlling Shareholder

✨ AI Summary

This announcement informs that Jiangsu Liqing Integrated Circuit Technology Co., Ltd., the controlling shareholder of Jiangsu Baoxin Technology Co., Ltd., has completed the transfer of 2.6 million shares following a judicial auction. The shareholding of Jiangsu Liqing has decreased from 187,701,714 shares to 185,101,714 shares, reducing its ownership percentage from 26.07% to 25.71%. Further auctions of additional shares are scheduled.

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Full Translation

AI Translation· azure_openai

Securities Code: 002514 Securities Abbreviation: *ST Baoxin Announcement No.: 2026-041

Jiangsu Baoxin Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

On May 26, 2026, the Company received a notification from its controlling shareholder, Jiangsu Liqing Integrated Circuit Technology Co., Ltd. (hereinafter referred to as "Jiangsu Liqing"), that the transfer procedures for 2.6 million shares of the Company's restricted stock, which were sold at a judicial auction by the Shantou Jinping District People's Court, have recently been completed. Jiangsu Liqing's shareholding has decreased from 187,701,714 shares to 185,101,714 shares, representing a reduction in ownership from 26.07% to 25.71% of the total share capital of the Company.

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