JINZHOU JIXIANG MOLYBDENUM(SH:603399) Shang Hai Zheng Quan Bao·2025-04-25 01:16Core Viewpoint - The announcement highlights that shares held by a major shareholder of Jinjou Yongshan Lithium Industry Co., Ltd. are subject to judicial enforcement due to a legal dispute, which may lead to forced liquidation of a portion of these shares [2][3][4]. Shareholder Information - Ningbo Jutai Investment Management Co., Ltd. holds 71,840,117 shares, accounting for 13.94% of the total share capital of the company [2][3]. - Its concerted action partner, Shanghai Gangshi Equity Investment Co., Ltd., holds 53,516,410 shares, representing 10.38% of the total share capital [2]. Judicial Enforcement Details - The shares subject to enforcement are 24,154,063, which represent 4.69% of the company's total share capital [5]. - The enforcement is due to a legal ruling from the Sichuan Mianyang Intermediate People's Court related to a dispute involving Mianyang Miangao Equity Investment Fund and Shanshan Holdings Co., Ltd. [4][5]. - The forced liquidation will occur through centralized bidding or block trading, with specific limits on the amount that can be executed within a 90-day period [6]. Execution Methodology - The execution method will involve either centralized bidding or block trading, with a maximum of 1% of the total share capital being executed through centralized bidding and 2% through block trading within any consecutive 90-day period [6]. - The execution price will be determined based on market conditions [6]. Company Status - The company confirms that its operations remain normal and that the potential forced liquidation of shares will not adversely affect its ongoing business or lead to a change in control [7].