TIANSHAN BIO(SZ:300313) Zheng Quan Zhi Xing·2025-08-08 16:24Core Viewpoint - The announcement indicates that the controlling shareholder of Xinjiang Tianshan Animal Husbandry Biotechnology Co., Ltd. is planning to auction a significant portion of its shares, which may lead to a change in the company's control [1][2]. Group 1: Auction Details - The controlling shareholder, Huzhou Haohui Enterprise Management Consulting Co., Ltd., intends to auction 53,861,312 shares, representing 77.82% of its holdings and 17.21% of the total share capital of the company [2]. - The auction is scheduled to take place from August 4 to August 5, 2025, on the JD Asset Trading Platform [2]. - The auction of the shares and the associated debt of 76.49 million yuan (approximately 11.5 million USD) was announced but ultimately failed to attract bids and was declared a failure [2]. Group 2: Debt Information - The debt being auctioned is a loan of 76.49 million yuan with an interest rate of 7%, with accrued interest estimated at approximately 23.03 million yuan as of the announcement date [2]. - The loan is guaranteed by the company's wholly-owned subsidiary, Changji Angus Cattle Technology Development Co., Ltd., and is due by December 31, 2025 [2]. Group 3: Potential Impact - If the auction is successful, Huzhou Haohui's shareholding will decrease from 22.11% to 4.90%, potentially resulting in a change of control for the company [4]. - The company maintains that the auction will not affect its daily operations, as Huzhou Haohui and the company operate independently in various aspects [4].