Jiangsu Dewei New Materials Co., Ltd. (hereinafter referred to as "Dewei New Materials" or "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.
300325SZSE
Announcement on the Public Auction of Shares Held by the Company's Controlling Shareholder
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Jiangsu Dewei New Materials Co., Ltd. announces that 141,431,900 shares held by its controlling shareholder, Dewei Investment Group, will be publicly auctioned. The auction is set to start at 80% of the closing price prior to the auction date, with a bidding period of 5 days. Previous auctions have failed, and the company warns of potential instability in shareholding and control.
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