Wanli New Energy(SH:600847) Shang Hai Zheng Quan Bao·2025-09-29 21:51Core Viewpoint - The announcement details the judicial disposal of 10,072,158 shares held by Shenzhen Nanfang Tongzheng Investment Co., Ltd., representing 6.57% of Chongqing Wanli New Energy Co., Ltd.'s total share capital, which has been frozen and is subject to auction [2][9]. Group 1: Judicial Disposal Details - The shares to be disposed of are 10,072,158 shares of Chongqing Wanli New Energy, accounting for 100% of Nanfang Tongzheng's holdings and 6.57% of the company's total shares [2][3]. - The judicial disposal will take place on October 28, 2025, through the Shanghai Stock Exchange's platform [3][7]. - The starting price for the auction will be based on the average closing price over the previous twenty trading days [4]. Group 2: Impact on Company Control - Nanfang Tongzheng is not the controlling shareholder or actual controller of the company, and this judicial disposal will not lead to a change in control or significantly impact the company's operations and governance structure [2][9]. - The auction process may involve various stages, including bidding, potential failure to sell, payment, and transfer of shares, with uncertain outcomes [2][10]. Group 3: Auction Process and Requirements - Bidders must meet specific qualifications and adhere to regulations regarding stock reduction after the purchase [4][5]. - A deposit of 12 million RMB is required for participation in the auction, which must be paid by October 22, 2025 [5][6]. - The auction will be conducted based on price priority, quantity priority, and time priority [7]. Group 4: Additional Considerations - The buyer will be subject to restrictions on selling the acquired shares for six months following the purchase [9]. - The company will continue to monitor the situation and fulfill its information disclosure obligations [10].