Workflow
上海创兴资源开发股份有限公司 关于股东所持部分股份被司法拍卖过户完成的公告

Core Viewpoint - The company announces the completion of the transfer of 67 million shares through judicial auction, resulting in a change of control among major shareholders [1][2]. Group 1: Equity Change Situation - Zhejiang Huqiao Industrial Co., Ltd. held 67,000,000 shares of the company, which were publicly auctioned from May 27 to May 28, 2025, at Hangzhou's Shangcheng District People's Court [1]. - The auction concluded on May 28, 2025, and the details were disclosed in a subsequent announcement on May 29, 2025 [1]. - The shares were acquired by Pingtan Yuanchu Investment Co., Ltd., Wenling Lixin Machinery Co., Ltd., Zhong Renzhi, and Yan Yi [2]. Group 2: Share Transfer Registration - As of the date of the announcement, the transfer registration procedures for the 67,000,000 shares acquired through judicial auction have been completed, and a confirmation of the share transfer was issued by China Securities Depository and Clearing Corporation Limited [2][3]. - The ownership of the shares has been transferred to the respective buyers as per the court's execution ruling [2]. Group 3: Shareholding Situation Before and After Transfer - After the transfer, Huqiao Industrial still holds 34,664,147 shares that remain under judicial freeze [3]. - The new shareholders, Pingtan Yuanchu and Wenling Lixin, along with individuals Zhong Renzhi and Yan Yi, are restricted from transferring their shares for 18 months [3]. Group 4: Other Notes - The equity change is a result of a court ruling and does not trigger a mandatory tender offer due to the nature of the shareholding change [4].