Announcement Regarding Judicial Auction of Part of the Shares Held by Controlling Shareholder and Actual Controller
The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
Special Risk Warning:
-
Beijing Liweite Investment Co., Ltd. (hereinafter referred to as "Liweite") and Liang Xuexian, Liang Kai are acting in concert. They collectively hold 79.8024 million shares of Beijing Cheng Yi Tong Control Technology Group Co., Ltd. (hereinafter referred to as "the Company"), accounting for 29.23% of the company's total share capital. This judicial auction involves 13.23 million shares of Liweite and 6 million shares of Liang Xuexian, totaling 19.23 million shares, accounting for 24.10% of the total shares held by the concerted parties and 7.04% of the company's total share capital. The total number of shares of the concerted parties to be auctioned is 51.37 million shares (including 18 million shares that have already entered the auction process and 14.14 million shares in the public announcement phase of the auction), accounting for 64.37% of the total shares held by the concerted parties and 18.81% of the company's total share capital. If all these shares are successfully auctioned and the transfer registration is completed, the total shareholding of Liweite and its concerted parties will decrease to 28.4324 million shares, accounting for 10.41% of the company's total share capital. If the controlling shareholder and actual controller cannot take effective remedial measures, it may affect the stability of the company's control.
-
This judicial auction matter is currently in the public announcement phase. According to relevant regulations, the court has the right to suspend or withdraw the auction before or during the auction. Subsequent steps include bidding, payment, court ruling, and equity transfer registration, and it may also involve the situation of failed bidding. The completion of the auction is uncertain. The Company will fulfill its information disclosure obligations in a timely manner based on subsequent developments. Investors are advised to pay attention to investment risks.
Basic Information on Share Auction of Shareholders
Upon inquiry of public online information, it is learned that the court will soon conduct a public online judicial auction on the Alibaba judicial auction platform for the company's shares held by the controlling shareholder Liweite and one of the actual controllers, Mr. Liang Xuexian. The specific information is as follows: