Zheng Quan Shi Bao·2025-09-04 14:26Core Viewpoint - The controlling shareholder of Jingyi Co., Ltd. may have their shares judicially auctioned, potentially leading to a change in company control [1][3]. Group 1: Shareholder and Control Information - Jingyi Co., Ltd.'s controlling shareholder, Sanjian Holdings, holds 75.1847 million shares, accounting for 29.9996% of the total share capital [3]. - The shares are currently under pledge and judicial freeze, and a public auction is scheduled from October 9 to October 10, 2025 [1][3]. Group 2: Company Operations and Governance - Jingyi Co., Ltd. reports that its business operations are currently normal and that the auction matter has not significantly impacted its production, operations, or governance [3]. - The company has not identified any non-operating fund occupation or illegal guarantees that would harm its interests [3]. Group 3: Regulatory Issues - The Guangdong Securities Regulatory Commission found that Jingyi Co., Ltd. failed to disclose the credit default status of its actual controller and chairman, Huang Yuhui, who is listed as a dishonest executor by multiple courts [4]. - The company’s chairman does not meet the qualifications to serve due to being listed as a dishonest executor, violating relevant corporate governance regulations [4]. - The regulatory body has decided to impose corrective measures on Jingyi Co., Ltd. and issue warning letters to Huang Yuhui and other key executives [4]. Group 4: Management Changes - Following the regulatory findings, Huang Yuhui submitted a resignation letter on June 25, 2023, citing personal reasons for stepping down from his positions [5].