AMER(SZ:002201) Shang Hai Zheng Quan Bao·2025-10-08 19:38Core Viewpoint - Jiangsu Jiuding New Materials Co., Ltd. is undergoing a second judicial auction of shares held by its shareholder, Xi'an Zhengwei New Materials Co., Ltd., with a total of 32,081,712 unrestricted circulating shares involved in the auction process [1][2]. Group 1: Judicial Auction Progress - The judicial auction is being conducted by the Intermediate People's Court of Shenyang, which has divided the shares into 43 packages. Out of the total shares, 5,000,000 shares were successfully bid on, while the remaining 27,081,712 shares went unsold [2]. - The auction took place from September 29 to September 30, 2025, on the JD Judicial Auction platform [1][2]. Group 2: Shareholder's Cumulative Judicial Auction Situation - As of the announcement date, Xi'an Zhengwei and its former concerted actor, Shenzhen Yiwei New Materials Co., Ltd., have had a cumulative total of shares auctioned, including 8,320,000 shares (20.14% of their holdings) and 500,000 shares (1.53% of their holdings) from the current auction [3][4]. - Shenzhen Yiwei has also had significant shares auctioned, totaling 20,996,100 shares (16.48% of their holdings) and 62,296,425 shares (58.55% of their holdings) among others [3][4]. Group 3: Potential Impact on the Company - If the auctioned shares are successfully transferred, Xi'an Zhengwei's holdings will decrease to 27,081,712 shares, representing 4.16% of the company's total equity. However, this will not affect the company's control structure as Xi'an Zhengwei is not the controlling shareholder [5]. - The company will continue to fulfill its information disclosure obligations based on the developments of the auction process [5].