002514SZSE
🚨 Material Event

Announcement on the Second Failed Auction of Part of the Company's Controlling Shareholder's Shares

✨ AI Summary

The company announces that the second auction of three batches of shares held by its controlling shareholder, Jiangsu Liqing, has failed again. The court is communicating with creditors regarding potential debt settlement. The company will monitor further developments and remind investors of potential risks.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 002514

Securities Abbreviation: *ST Bao Xin

Announcement Number: 2026-055

Jiangsu Bao Xin Technology Co., Ltd.

Announcement on the Second Failed Auction of Part of the Company's Controlling Shareholder's Shares

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions.

According to the auction results displayed on the Alibaba judicial auction platform, the second auction of three batches of shares has failed again. The specific situation is as follows:

I. Basic Situation of This Judicial Auction

Shareholder NameNumber of Shares Auctioned (Shares)Proportion of Shares HeldProportion of Total Share CapitalShare TypeAuction Start TimeAuction End TimeAuctioneerAuction Status
Jiangsu Liqing9,000,0004.86%1.25%Initial Public Offering Restricted SharesJuly 2, 10:00 AMJuly 3, 10:00 AMJingjiang Municipal People's CourtSecond Auction
2,300,0001.24%0.32%Unrestricted Tradable SharesJuly 2, 10:00 AMJuly 3, 10:00 AMSecond Auction
501,7140.27%0.07%Unrestricted Tradable SharesJuly 2, 10:00 AMJuly 3, 10:00 AMSecond Auction
Total11,801,7146.37%1.64%-----

II. Results of This Judicial Auction

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.