300178SZSE

Progress Announcement on Judicial Auction of Shares Held by Controlling Shareholder and Passive Reduction

Tengbang Holdings··1 page

✨ AI Summary

This announcement informs that part of the shares held by the controlling shareholder, Tengbang Group, will be subject to judicial auction. As of the announcement date, Tengbang Group holds 121,830,936 shares, representing 19.76% of the total shares. The auction of 30.8 million shares, or 5.00% of total shares, was held but did not attract any bids. The company will monitor the situation closely.

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Full Translation

AI Translation· azure_openai

Progress of the Judicial Auction

Securities Code: 300178

Securities Abbreviation: Tengbang Retreat

Announcement Number: 2022-109

Tengbang International Commercial Services Group Co., Ltd. (hereinafter referred to as "the Company" or "Tengbang International") announces the progress regarding the judicial auction of part of the shares held by its controlling shareholder, Tengbang Group Co., Ltd. (hereinafter referred to as "Tengbang Group"), and its chairman and actual controller, Mr. Zhong Baisheng.

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