WSBE(SH:600421) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-16 23:54Core Viewpoint - The announcement details the progress of the second judicial auction of shares held by a major shareholder of Hubei Huaron Holdings Co., Ltd., indicating that significant portions of shares have been auctioned off, but the overall control of the company remains unchanged [2][3][11]. Group 1: Auction Details - The shares involved in the auction are held by Wuhan New Generation Technology Co., Ltd. and its concerted actor Mr. Cai Shouping, totaling 42,228,990 shares, which accounts for 21.59% of the company's total share capital [2][5]. - The auction resulted in the successful sale of 18,000,000 shares, with two transactions of 9,000,000 shares each sold to bidders Wang Min and Wei Wei, representing 4.60% of the total share capital each [2][6]. - The remaining 16,234,261 shares were not sold, representing 8.30% of the total share capital, while Mr. Cai Shouping's 7,994,729 shares were sold to bidder Guo Yang, accounting for 4.09% of the total share capital [2][8]. Group 2: Impact on Company Control - The auction does not change the company's control structure, as Wuhan New Generation Technology Co., Ltd. and Mr. Cai Shouping are not the controlling shareholders or actual controllers of the company [3][11]. - The company emphasizes that the auction will not affect its daily operations or management [3][11]. Group 3: Future Steps and Regulations - The auction's final results depend on the payment of auction proceeds by the winning bidders and the legal procedures for share transfer, which introduces some uncertainty [2][11]. - According to regulations, the new shareholders from the auction are prohibited from selling their acquired shares within six months [11].