WHMC(SH:600136) Zheng Quan Zhi Xing·2025-05-20 12:06Core Viewpoint - The announcement indicates that Wuhan Contemporary Mingcheng Cultural Sports Group Co., Ltd. is notifying about the auction of 21,840,000 shares held by its major shareholder, Contemporary Group, which represents 27.74% of its total shares held and 1.07% of the company's total share capital [1][2]. Group 1: Auction Details - The shares to be auctioned are 21,840,000, with an opening price of 1.85 yuan per share and a deposit of 0.09 yuan per share [2]. - The auctioned shares have been pledged and marked by judicial authorities, indicating legal encumbrances [2][5]. - If the auction is successful, Contemporary Group's total shareholding will decrease from 158,001,816 shares to 136,161,816 shares, reducing its ownership percentage from 7.74% to 6.67% [5]. Group 2: Shareholder Status - Contemporary Group is not the controlling shareholder or actual controller of the company, and the auction will not lead to a change in control or adversely affect the company's operations and governance structure [1][5]. - As of the announcement date, there are no other known shares of Contemporary Group that are subject to auction [2][5]. Group 3: Future Considerations - The auction is currently in the public notice stage, and the outcome remains uncertain, with potential subsequent steps including bidding, payment, and transfer of shares [1][5]. - The company will continue to monitor the situation and fulfill its information disclosure obligations as required by law [1][5].