DHKJ(SH:600288) Zheng Quan Zhi Xing·2025-06-20 11:36Core Viewpoint - The announcement details the judicial auction of shares held by the controlling shareholder and actual controller of Daheng New Era Technology Co., Ltd, which may lead to a change in company control if all shares are auctioned off [1][2]. Group 1: Auction Details - As of the announcement date, the controlling shareholder, Ms. Zheng Suzhen, holds a total of 129,960,000 unrestricted circulating shares, all of which are frozen and subject to judicial auction, representing 29.75% of the company's total share capital [1][3]. - The auction involves 129,960,000 shares, with the starting price set at 90% of the average closing price over the previous twenty trading days before June 19, 2025 [2][3]. - The auction is organized by the Shandong Property Rights Exchange Center, with the continuous bidding date scheduled for July 21, 2025 [3]. Group 2: Implications and Regulations - If the shares are fully auctioned, it will result in a change of control for the company; however, current operations are reported to be normal, and there is no immediate adverse impact on production or business activities [1][5]. - The auction process is still in the public notice phase, and subsequent steps may include bidding, payment, and transfer of ownership, with outcomes remaining uncertain [2][5]. - According to the Self-Regulatory Guidelines for Listed Companies, the buyer of the auctioned shares is prohibited from selling them within six months post-acquisition [2][5].