Jason Furniture (Hangzhou) (SH:603816) Zheng Quan Zhi Xing·2025-07-04 16:34Core Viewpoint - The announcement details the judicial auction of shares held by a major shareholder, Gujia Group, which may impact the company's stock and ownership structure [1][2][3]. Group 1: Shareholder Information - Gujia Group holds 103,171,483 shares of Gujia Home Furnishing Co., Ltd., accounting for 12.55% of the total share capital, with all shares currently frozen [1]. - The number of shares to be auctioned is 29,324,717, representing 28.42% of Gujia Group's holdings and 3.57% of the total share capital of the company [1][3]. Group 2: Auction Details - The auction is scheduled to take place from July 21, 2025, at 10:00 AM to July 22, 2025, at 10:00 AM, with the possibility of extension [1][3]. - The auction has already failed in its first attempt, and the shares will be subject to a second auction [1][2]. Group 3: Legal and Regulatory Context - The auction is being conducted under the supervision of the Hangzhou Intermediate People's Court, which has issued a public auction notice [2][3]. - The company will closely monitor the auction process and fulfill its information disclosure obligations as required by relevant laws and regulations [2][4].