300430SZSE
🚨 Material Event

Announcement on Failed First Auction and Second Judicial Auction of Part of Controlling Shareholder's Shares

*ST Yitong Co., Ltd.··3 pages

✨ AI Summary

This announcement details the failed first judicial auction of 18 million shares of the controlling shareholder, Li Weite. A second auction has commenced. If successful, Li Weite's shareholding will decrease but remain the largest, and control of the company will not change. The process is ongoing and subject to uncertainty.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 300430

Securities Abbreviation: *ST Yitong

Announcement No.: 2026-043

Beijing Chengyitong Control Technology Group Co., Ltd.

Announcement on Failed First Auction and Second Judicial Auction of Part of Controlling Shareholder's Shares

The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

Special Risk Warning:

  1. On July 2, 2026, the Company disclosed the "Announcement on the Judicial Auction of Part of the Controlling Shareholder's Shares" on the Juchao Information Network. Recently, the Company learned that the aforementioned auction failed due to no bids. Meanwhile, according to public online information, the second judicial auction for the 18 million shares that failed in the previous auction has commenced and is currently in the announcement phase. If this judicial auction is successful and the transfer of ownership is completed, Li Weite's shareholding will decrease to 33.21 million shares, accounting for 12.16% of the Company's total share capital, and it will still be the Company's largest shareholder.

  2. Li Weite and Liang Xuexian, Liang Kai are persons acting in concert, holding a total of 79.8024 million shares, accounting for 29.23% of the Company's total share capital. If this judicial auction is successful and the transfer of ownership is completed, the total shareholding of Li Weite and its persons acting in concert will decrease to 61.80 million shares, accounting for 22.63% of the Company's total share capital. After this auction is completed, Li Weite will still be the Company's controlling shareholder, and Liang Xuexian and Liang Kai will still be the Company's actual controllers. This judicial disposal will not cause a change in the Company's control or its largest shareholder.

  3. This judicial auction matter is still in the public ann

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