GXSH(SZ:000716) Zheng Quan Zhi Xing·2025-09-04 16:17Core Viewpoint - The company is facing a judicial execution of 3.2 million shares held by its controlling shareholder, Guangxi Black Five Categories Food Group Co., Ltd, as per the court's notice, which may impact the shareholding structure but will not change the company's control [1][2][4]. Group 1: Shareholder Information - The controlling shareholder, Black Five Categories Group, holds 227,946,277 shares, accounting for 30.25% of the company's total share capital [3]. - The group has pledged 187,083,334 shares and has 17,391,584 shares frozen, including the 3.2 million shares subject to judicial execution [3][5]. Group 2: Judicial Execution Details - The execution will be carried out through centralized bidding or block trading, as mandated by the court [4]. - The execution of the shares does not relate to any prior commitments or intentions disclosed by the Black Five Categories Group [4]. Group 3: Impact on Control and Transactions - The execution of the 3.2 million shares will not affect the ongoing agreement for the transfer of 150,697,910 shares to Guangxi Travel Health, which will result in the latter becoming the controlling shareholder after the transfer is completed [5]. - If the shares are executed, the percentage of shares with voting rights waived by certain individuals will change from 17.66% to 17.24% [5].