002596SZSE
🚨 Material Event

Announcement on Progress of Judicial Auction of Part of Shares Held by Actual Controller

Hainan Ruize Co., Ltd.··3 pages

✨ AI Summary

Hainan Ruize announced the results of a judicial auction of 45,895,900 shares held by its actual controller, Zhang Yilin. Hangzhou Chongsong Investment Partnership (Limited Partnership) won the auction for RMB 117,950,169. This auction, along with previously auctioned shares, will result in the actual controller and related parties holding 21.39% of the company's total shares, which will not change control.

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Full Translation

AI Translation· gemini_document

Securities Code: 002596

Securities Abbreviation: Hainan Ruize

Announcement No.: 2026-057

Hainan Ruize New Material Co., Ltd.

Announcement on Progress of Judicial Auction of Part of Shares Held by Actual Controller

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

On June 23, 2026, Hainan Ruize New Material Co., Ltd. (hereinafter referred to as "Hainan Ruize" or the "Company") disclosed the "Notice on the Proposed Judicial Auction of Part of the Shares Held by the Actual Controller of the Company" (Announcement No.: 2026-046). The Intermediate People's Court of Guangzhou City, Guangdong Province, held a public auction on the Taobao Network Judicial Auction Platform from July 23, 2026, 14:00 to July 24, 2026, 14:00 (excluding extensions). The auction was for 45,895,900 shares of Hainan Ruize held by the actual controller, Mr. Zhang Yilin. The results of this judicial auction are hereby announced as follows:

I. Results of the Judicial Auction

According to the "Confirmation Letter of Successful Online Bidding" disclosed on the Taobao Network Judicial Auction Platform, the user named Hangzhou Chongsong Investment Partnership (Limited Partnership) won the bid through bidder number R3931 on July 24, 2026, in the public auction of the "Hainan Ruize New Material Co., Ltd. 45,895,900 Shares and Dividends (Securities Abbreviation: Hainan Ruize, Securities Code: 002596, Share Nature: Tradable Shares without Lock-up)" project on the Ali Asset Platform, with the highest bid. The transaction price of this online auction was RMB 117,950,169.

The user who successfully bids in the online auction must pay the remaining auction payment for the auctioned item and complete the relevant procedures within the time limit as required by the "Bidding Instructions" and "Bidding Announcement" of the auctioned item. The final transaction of the auctioned item shall be subject to the auction confirmation ruling issued by the Intermediate People's Court of Guangzhou City, Guangdong Province.

II. Cumulative Judicial Auction of Shareholder Shares

As of the disclosure date of this announcement, the cumulative judicial auction of shares held by the Company's actual controller

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