ZOWEE(SZ:002369) Zheng Quan Zhi Xing·2025-05-15 13:50Core Viewpoint - Shenzhen Zhuoyue Technology Co., Ltd. announces that its controlling shareholder and actual controller, Mr. Xia Chuanwu, will have a total of 70,753,930 shares judicially auctioned, which represents approximately 12.48% of the company's total share capital [1][2]. Group 1: Share Auction Details - Mr. Xia Chuanwu holds 70,753,930 shares, with 36,220,000 shares being auctioned, accounting for 50.08% of his holdings and 6.39% of the company's total shares [2]. - The auction will take place from June 25, 2025, to June 26, 2025, with the starting price set at 70% of the average closing price over the previous twenty trading days [3]. - In addition to the current auction, Mr. Xia has previously auctioned 25,000,000 shares, which have already completed the transfer process [4]. Group 2: Impact on Company Operations - The company confirms that its operations remain normal and that the judicial auction will not significantly impact its daily business activities [1][6]. - Mr. Xia Chuanwu resigned from his positions as general manager and chairman in May and August 2018, respectively, and has not held any specific positions in the company since then [6]. - The company emphasizes its independence in operations, personnel, assets, and finances from its controlling shareholder [6].