WSBE(SH:600421) Zheng Quan Zhi Xing·2025-06-19 09:44Core Points - The announcement details the judicial auction of shares held by a major shareholder, Wuhan New Generation Technology Co., Ltd., and its associated party, Mr. Cai Shouping, who collectively own 42,228,990 shares, accounting for 21.59% of the company's total equity [1][3] - The auction is scheduled to take place from July 22, 2025, to July 23, 2025, on the Taobao judicial auction platform, with a starting price of 58,239,000 yuan and a display price of 64,710,000 yuan for the shares [1][2] - The shares being auctioned are all unrestricted circulating shares and have been frozen due to a loan contract dispute [2][3] Auction Details - The auction will follow an ascending price format with a minimum bid increment of 250,000 yuan, and bidders must pay a deposit of 5,000,000 yuan to qualify for bidding [2][4] - The auction process includes a time extension feature, where if a bid is placed within the last five minutes, the auction will be extended by another five minutes [2][4] - The auction results are uncertain, and the company will continue to monitor the situation and fulfill its information disclosure obligations [3][4] Impact on the Company - The auction of shares will not lead to a change in control of the company, nor will it affect its daily operations and management [3][4] - The major shareholder and associated party are not classified as the company's controlling shareholder or actual controller, ensuring stability in governance [3] - The company will keep investors informed about the developments related to the auction and the potential implications for share ownership [3][4]