Group 1 - The auction of shares held by Zhu Renbao, a major shareholder of Ningbo Zhongbai, is scheduled for October 20, 2025, with 18.884 million shares being auctioned on a judicial platform [1] - Zhu Renbao's shares are currently under judicial freeze, representing 100% of his holdings and 8.42% of the company's total equity [1] - The shares are being auctioned due to a criminal judgment related to the manipulation of the securities market involving Xu Xiang and others, with Zhu Renbao being closely related to Xu Xiang [2] Group 2 - Ningbo Zhongbai has experienced a significant decline in operating performance, with a revenue drop of over 30% in 2024 and a net loss exceeding 16 million yuan [2] - In the first half of 2025, the company's revenue was 290 million yuan, reflecting a year-on-year decrease of 41.94%, while the net profit was 17.64 million yuan [2] Group 3 - Another company, Kangqiang Electronics, also received a notification regarding the auction of shares held by a trust plan associated with Xu Xiang, amounting to 18.764 million shares [3] - The trust plan is not the largest shareholder of Kangqiang Electronics, and the auction is not expected to significantly impact the company's governance or ongoing operations [3]
宁波中百股东竺仁宝所持8.42%股份将被司法拍卖