300237SZSE
🚨 Material Event

Announcement on Judicial Auction of Subsidiary's Real Estate

ST Meichen Co., Ltd.··2 pages

✨ AI Summary

Shandong Meichen Technology Group Co., Ltd. announces the judicial auction of real estate owned by its subsidiary, Hangzhou Seastone Landscape Group Co., Ltd. The auction involved six units in Hangzhou, with a winning bid of RMB 138.54 million. The company expects no significant impact on its performance, viewing it as an opportunity to revitalize assets and mitigate debt risks.

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Full Translation

AI Translation· gemini_document

Securities Code: 300237

Securities Abbreviation: ST Meichen

Announcement Number: 2026-040

Shandong Meichen Technology Group Co., Ltd.

Announcement on Judicial Auction of Subsidiary's Real Estate

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

Shandong Meichen Technology Group Co., Ltd. (hereinafter referred to as the "Company") received a notice from its subsidiary, Hangzhou Seastone Landscape Group Co., Ltd. (hereinafter referred to as "Seastone Landscape"), that real estate owned by Seastone Landscape located at Unit 19, Unit 1, Rooms 101, 102, 201, 301, 401, and 501, Wenyi West Road, Cangqian Street, Yuhang District, Hangzhou City, has been judicially auctioned by the Longgang City People's Court. The specific details are announced as follows:

I. Basic情况 of the Judicial Auction

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