Jiangsu Deway New Materials Co., Ltd. (hereinafter referred to as "Deway 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 Deway New Materials Co., Ltd. announces that 141,431,900 shares held by its controlling shareholder, Deway Investment Group Co., Ltd., will be publicly auctioned. This auction is the sixth attempt, with a starting price set at 80% of the closing price prior to the auction date. The company warns of potential risks, including instability in shareholding and the possibility of lacking a controlling shareholder if the auction is successful.
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