ZOWEE(SZ:002369) Zheng Quan Zhi Xing·2025-06-24 17:48Core Viewpoint - Shenzhen Zhuoyue Technology Co., Ltd. announced that its controlling shareholder and actual controller, Mr. Xia Chuanwu, has had part of his shares judicially auctioned, which will reduce his shareholding from 12.76% to 6.67% after the transfer of ownership, but will not change the company's control [1][3]. Group 1: Judicial Auction Details - The auction will take place from June 23 to June 24, 2025, on the Taobao judicial auction platform, involving a total of 34,533,930 shares, accounting for 6.09% of the company's total share capital [1]. - The auctioned shares include 25,513,032 shares and three batches of 3,006,966 shares each, all held by Mr. Xia Chuanwu [1]. Group 2: Auction Progress - The auction results indicate that the total transaction amount for the shares was approximately 293,773,799.63 yuan, with the successful bidder being He Shan Future (Shenzhen Industry Limited Partnership) [2]. - As of now, the shares have not yet completed the transfer process, meaning Mr. Xia still holds 72,317,172 shares [2]. Group 3: Impact on Company - If the auctioned shares are fully transferred, Mr. Xia's shareholding will decrease to 37,783,242 shares, representing 6.67% of the total share capital [2]. - The auction will not lead to a change in the company's control, but if an additional 36,220,000 shares are auctioned and transferred, Mr. Xia's shareholding could drop to 0.28%, resulting in the loss of his status as the controlling shareholder [3]. - The company maintains that its operations and governance will not be adversely affected by this judicial auction [3].