Yuancheng(SH:603388) Zheng Quan Zhi Xing·2025-08-06 16:22Core Points - The controlling shareholder and actual controller of Yuancheng Environment Co., Ltd., Mr. Zhu Changren, has completed the transfer of 4,500,000 shares through judicial auction, reducing his total shareholding from 45,075,520 shares (13.84%) to 40,575,520 shares (12.46%) [1][2][3] - The total shareholding of the controlling shareholder and its concerted party, Beijia Investment, decreased from 68,032,520 shares (20.89%) to 63,532,520 shares (19.51%) [1][2][3] - The rights change is due to judicial disposal and does not trigger a mandatory bid, nor will it have a significant adverse impact on the company's management or lead to a change in the controlling shareholder [1][2][3] Summary of Judicial Auction - The judicial auction took place from June 16, 2025, to June 17, 2025, conducted by the Hangzhou Intermediate People's Court, with 4,500,000 shares representing 1.38% of the company's total share capital being auctioned [2] - The auction was successfully completed, with the shares acquired by a single natural person [2] Shareholding Changes - Before the rights change, Mr. Zhu Changren held 45,075,520 shares (13.84%), which decreased to 40,575,520 shares (12.46%) after the auction [3] - Beijia Investment maintained its shareholding at 22,957,000 shares (7.05%) [3] - The total shareholding of the controlling shareholder and its concerted party decreased from 68,032,520 shares (20.89%) to 63,532,520 shares (19.51%) [3] Other Information - The buyer of the auctioned shares is prohibited from reducing their holdings within six months post-acquisition [4] - The company has designated the Shanghai Securities News and Securities Times as its information disclosure media, with the Shanghai Stock Exchange website as the official disclosure platform [4]