Basic Information on Shareholders' Shares Being Auctioned
The company, Dongfang Wangli Technology Co., Ltd. (hereinafter referred to as "the Company" or "Dongfang Wangli"), recently learned through the Taobao judicial auction platform that:
- The Shanghai Financial Court will publicly auction 12,145,837 unrestricted circulating shares held by Liu Guang, the former controlling shareholder and actual controller, from June 8, 2022, 10:00 AM to June 9, 2022, 10:00 AM (excluding delays). This represents 12.70% of his total shares and 1.02% of the company's total shares.
- The Shanghai Financial Court will also publicly auction 36,411,682 unrestricted circulating shares held by Jiang Zongwen, a shareholder holding over 5%, from June 8, 2022, 10:00 AM to June 9, 2022, 10:00 AM (excluding delays). This represents 57.32% of his total shares and 3.05% of the company's total shares.
- The Intermediate People's Court of Chengdu, Sichuan Province, will publicly auction 17,697,112 unrestricted circulating shares held by Jiang Zongwen from June 13, 2022, 10:00 AM to June 14, 2022, 10:00 AM (excluding automatic delays due to bidding).
Auction Details
The following table summarizes the basic situation of the shares being judicially auctioned: