NBSS(SH:600884) Shang Hai Zheng Quan Bao·2025-09-22 18:46Core Viewpoint - The announcement details the progress of the judicial auction of shares held by the indirect controlling shareholder of Ningbo Shanshan Co., Ltd., indicating that 4,260,200 unrestricted circulating shares have been auctioned, representing 11.50% of the shares held by Shanshan Holdings and 0.19% of the company's total share capital [2][3]. Group 1 - The shares involved in the judicial auction are currently frozen and have been auctioned off, with the final results pending payment and transfer procedures [2][3]. - The auction was conducted on the Taobao judicial auction platform, with the bidding period from September 20, 2025, to September 21, 2025 [2]. - The auction concluded with a successful bid of ¥57,707,555 (approximately 57.7 million) by a user named Zhong Ge [4]. Group 2 - The final transaction is subject to the issuance of a ruling by the Shanghai Pudong New District People's Court [5]. - Shanshan Holdings' subsidiary, Ningbo Yinzhou Jielen Investment Co., Ltd., has also auctioned 29,580,000 restricted shares, which have not yet completed the transfer process [6]. - If all shares from the judicial auction are transferred, the controlling shareholder's stake will decrease to 559,008,926 shares, representing 24.85% of the total share capital, which is not expected to affect the company's control [7].