301030SZSE
🚨 Material Event

Announcement Regarding Judicial Auction of Part of Controlling Shareholder's and Actual Controller's Shares

*ST Shijing Co., Ltd.··4 pages

✨ AI Summary

Suzhou Shijing Technology Co., Ltd. announces a judicial auction of 2,000,000 shares held by controlling shareholder Zhu Ye, representing 0.99% of total share capital. If successful, her stake will decrease from 15.64% to 14.95%. The auction is in its public notice phase, with potential for cancellation or postponement. The company will monitor developments.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 301030

Securities Abbreviation: *ST Shijing

Announcement No.: 2026-047

Suzhou Shijing Technology Co., Ltd. Announcement Regarding Judicial Auction of Part of Controlling Shareholder's and Actual Controller's Shares

The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.

Special Risk Warning

  1. The subject matter of the proposed judicial auction is 2,000,000 shares of Suzhou Shijing Technology Co., Ltd. (hereinafter referred to as "Shijing Technology" or the "Company") held by its controlling shareholder and actual controller, Ms. Zhu Ye. This represents 6.32% of her total holdings in the Company and 0.99% of the Company's total share capital. If this judicial auction is successful and the transfer registration is completed, Ms. Zhu Ye's shareholding will decrease from 31,646,790 shares to 29,646,790 shares, and her proportion of the Company's total share capital will decrease from 15.64% to 14.65%. This judicial auction will not have a significant impact on the Company's production and operations at present, nor does it involve a change in the Company's controlling shareholder and actual controller. However, if other judicial auction situations occur subsequently, it may affect the Company's control.

  2. This judicial auction matter is currently in the public notice phase. According to relevant regulations, the court has the right to suspend or withdraw the auction before or during the auction process. Subsequent steps may involve bidding (or failure to bid), payment, legal procedures by the court, and equity transfer registration. The auction results are uncertain. The Company will continue to monitor the progress of related matters and fulfill its information disclosure obligations in accordance with the law.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.