ABT Networks(SH:688168) Shang Hai Zheng Quan Bao·2025-09-29 20:40Core Viewpoint - The announcement details that Mr. Zhong Zhu, the actual controller of Beijing Anbotong Technology Co., Ltd., will have 220,000 shares of the company judicially auctioned due to a legal dispute, but this will not affect the company's control or daily operations [3][5][7]. Group 1: Auction Details - Mr. Zhong holds 23.69% of the company's shares directly, while his concerted actor, Shihezi City Lengsheng Equity Investment Partnership (Limited Partnership), holds 11.33%, totaling 35.02% combined [2][7]. - The auctioned shares represent 0.29% of the company's total share capital [3][7]. - The auction will take place from October 27, 2025, to October 28, 2025, on the Ningbo Beilun Court's Taobao judicial auction platform, with a starting price of 15,426,334 yuan [4]. Group 2: Legal Background - The auction is a result of a lawsuit filed by Ningbo Meishan Free Trade Port Area Houyang Tianhao Equity Investment Center (Limited Partnership) against Mr. Zhong due to a contract dispute, which led to a court ruling requiring him to compensate 14 million yuan [5][6]. - The court's decision has been finalized, and the case is currently in the execution phase, leading to the auction of the shares [5][6]. Group 3: Impact on the Company - The judicial auction of Mr. Zhong's shares will not lead to a change in the company's controlling shareholder or actual controller, nor will it impact the company's operational activities [3][7]. - The company will comply with relevant disclosure obligations following the auction results and any subsequent share transactions [2][8].