Group 1 - The core point of the news is the passive reduction of shareholding by Wuhan New Generation Technology Co., Ltd. and Mr. Cai Shouping due to the judicial auction of their shares in Hubei Huahong Holdings Co., Ltd. [2][4][5] - As of the report signing date, Wuhan New Generation Technology Co., Ltd. held a total of 42,228,990 shares in Hubei Huahong, accounting for 21.59% of the total share capital, with 34,234,261 shares being unrestricted circulating shares [5][8] - The judicial auction resulted in the sale of 18,000,000 shares, with 9,000,000 shares sold for approximately ¥46,826,100 and 7,994,729 shares sold for approximately ¥41,595,775.52 [6][7] Group 2 - The report indicates that there is a possibility of further reduction in shareholding by Wuhan New Generation Technology Co., Ltd. within the next twelve months, as 16,234,261 shares remain unsold from the auction [4] - The report confirms that there have been no transactions involving the buying or selling of Hubei Huahong shares by the information disclosing parties in the past six months [9] - The report emphasizes that all disclosures regarding the equity changes have been made in accordance with relevant laws and regulations, ensuring transparency [10][13]
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