Core Viewpoint - The shares held by a major shareholder of Xingmin Zhitong have been judicially frozen, but this will not affect the company's control or daily operations [1][2]. Group 1: Judicial Auction of Shares - A total of 52 million shares, representing 5.31% of the company's total equity, held by Sichuan Shengbang Chuangheng Enterprise Management Co., Ltd. have been judicially frozen [1]. - The auction for these shares was initially announced on July 29, 2025, and a portion of the shares (12 million) has been postponed for further investigation until September 7, 2025 [1]. - The auction for the remaining shares concluded on August 29, 2025, but went unsold as there were no bids [1]. Group 2: Impact on Company Operations - The judicial auction and freezing of shares will not lead to any change in the company's control or impact its daily management [2]. - The company will continue to monitor the situation and fulfill its information disclosure obligations as required by law [2].
兴民智通: 关于持股5%以上股东的股份被司法拍卖流拍的公告