JLGF(SZ:000712) Zhong Guo Ji Jin Bao·2025-10-13 15:13Core Viewpoint - The judicial auction of 30 million shares of Jinlong Co., Ltd. was successfully completed on October 13, with a total transaction price of 376 million yuan, indicating heightened market interest in the company's shares [1][4]. Group 1: Auction Details - The auction involved 30 million shares divided into 10 lots of 3 million shares each, attracting 75 bidders and resulting in a competitive bidding process that lasted nearly two hours with 726 bids [4][6]. - Chengdu Jinyao No. 1 Enterprise Management Partnership (Limited Partnership) acquired 21 million shares for 262 million yuan, while three individual bidders purchased the remaining shares for prices ranging from approximately 3.68 million to 3.89 million yuan [6]. Group 2: Shareholding Structure - Following the auction, if the shares are transferred, Chengdu Jinyao No. 1 will become the fifth largest shareholder of Jinlong Co., holding over 2% of the total shares [6]. - New Century Company, the controlling shareholder, will retain 146 million shares, representing 16.29% of the total share capital, ensuring that the control structure remains unchanged [6][7]. Group 3: Future Auctions and Market Context - This auction marks the fifth instance of Jinlong's shares being put up for auction this year, with two previous instances resulting in no bids. An additional auction for 13.5 million shares is scheduled for October 27-28 [3][7]. - The increased attention on Jinlong's shares is attributed to the ongoing recovery in the brokerage sector and the company's valuation adjustments [7][8].