AMER(SZ:002201) Shang Hai Zheng Quan Bao·2025-10-10 19:18Core Points - Jiangsu Jiuding New Materials Co., Ltd. announced that 27,081,712 shares held by its shareholder, Xi'an Zhengwei New Materials Co., Ltd., will be publicly sold through judicial auction due to previous failed auctions [1][2] - The auction will take place from October 16, 2025, to December 14, 2025, with a total duration of 60 days [1] - As of the announcement date, Xi'an Zhengwei holds a total of 32,081,712 shares, representing 4.92% of the company's total equity, all of which are frozen or pledged [5] Summary of Shareholder's Share Sale - The shares being sold represent 84.41% of Xi'an Zhengwei's holdings and 4.16% of the company's total equity [5] - The previous auctions included various amounts of shares from both Xi'an Zhengwei and its associated party, Shenzhen Yiwei New Materials Co., Ltd., with significant portions of their holdings being auctioned [3] - The company confirms that Xi'an Zhengwei is not the controlling shareholder, and this sale will not affect the company's management or control [5] Auction Details - The auction is being conducted on the JD Judicial Auction platform, and further details can be found on the platform [2] - The company will continue to monitor the situation and fulfill its disclosure obligations as required by law [5]