This announcement provides an update on the judicial auction of 2.6 million shares held by Shanghai Gu'ao Electronic Technology Co., Ltd.'s former controlling shareholder. The auction, which took place on the Taobao platform, concluded without any bids and thus failed. The company states its operations are normal and this event will not significantly impact its governance or operations.
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Securities Code: 300551 Securities Abbreviation: Gu'ao Technology Announcement No.: 2026-050
Shanghai Gu'ao Electronic Technology Co., Ltd. Announcement on Progress of Judicial Auction of Company's Shares Held by Shareholder with Over 5% Stake
The Company and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
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