WSBE(SH:600421) Zheng Quan Zhi Xing·2025-09-01 16:10Core Viewpoint - The announcement details the second judicial auction of shares held by a major shareholder of Hubei Huaron Holdings Co., Ltd., indicating ongoing financial distress and potential implications for the company's stock ownership structure [1][3]. Auction Details - The shares being auctioned belong to Wuhan New Generation Technology Co., Ltd. and its associated party, Mr. Cai Shouping, totaling 42,228,990 shares, which represents a significant portion of the company's equity [3][4]. - The auction is scheduled to take place from September 15, 2025, to September 16, 2025, on the Taobao judicial auction platform, with a starting price of 46,826,100.00 yuan and a market value of 79,830,000.00 yuan for the shares [3][4]. - The auction is a result of a loan contract dispute, highlighting the financial challenges faced by the major shareholder [4]. Impact on Company - The auction of shares will not lead to a change in control of the company, nor will it affect the company's daily operations and management [4][5]. - The company will continue to monitor the situation and fulfill its information disclosure obligations as required by law [4][5]. - The auction process is still in the public notice stage, and the outcome remains uncertain, with potential implications for future ownership and stock performance [5].