New East(SH:603110) Zheng Quan Zhi Xing·2025-05-30 13:12Core Viewpoint - The report outlines the increase in shareholding of Jiangsu Teliang New Materials Technology Co., Ltd. in New Oriental New Materials Co., Ltd. through a judicial auction, resulting in a 5.96% ownership stake [1][5][10]. Group 1: Shareholding Changes - Jiangsu Teliang New Materials Technology Co., Ltd. acquired 12,000,000 shares of New Oriental New Materials Co., Ltd., increasing its ownership from 0 shares (0.00%) to 12,000,000 shares (5.96%) [5][6][10]. - The acquisition was executed through a judicial auction held on May 13, 2025, with the shares officially transferred on May 29, 2025 [6][10]. Group 2: Purpose and Future Plans - The purpose of this share acquisition is based on the recognition of the long-term investment value and future development prospects of the listed company [5]. - Jiangsu Teliang has no plans to increase or decrease its shareholding in the next 12 months, but it does not rule out the possibility of future changes based on market conditions and the company's performance [5][10]. Group 3: Company Information - Jiangsu Teliang New Materials Technology Co., Ltd. is a limited liability company established on November 12, 2010, with a registered capital of 135.709946 million yuan [3][4]. - The company is located in Wuxi, Jiangsu Province, and is involved in various sectors including new materials technology research and development, electronic materials manufacturing, and medical device production [4].