Yuancheng(SH:603388) Shang Hai Zheng Quan Bao·2025-08-15 20:01Core Viewpoint - The announcement details the judicial transfer of shares held by Hangzhou Beijia Investment Co., Ltd., a significant shareholder of Yuancheng Environment Co., Ltd., which will not adversely affect the company's management or control structure [2][3][7]. Group 1: Share Transfer Details - A total of 16,084,806 shares, representing 70% of Beijia Investment's holdings and 4.94% of the company's total shares, have been judicially transferred [2][3]. - The shares were subject to a judicial auction due to a financing dispute with Dongbei Securities, but the auction failed to attract bids, resulting in a transfer to Dongbei Securities as part of debt settlement [3][4]. Group 2: Impact on Company Control - The judicial transfer will not lead to a change in the company's controlling shareholder or actual controller [3][7]. - The current controlling shareholder, Zhu Changren, holds 32,775,520 shares, accounting for 10.06% of the total shares, with some shares frozen or subject to other restrictions [7][17]. Group 3: Compliance and Future Plans - The transfer complies with regulations regarding shareholder reductions and does not trigger a mandatory tender offer [7][18]. - There are no plans for the information disclosure obligors to increase or decrease their holdings in the next 12 months, although there are existing restrictions on their shares [13][19].