Core Viewpoint - Zhang Xiaoqin (301055) announced that its controlling shareholder, Hangzhou Zhang Xiaoqin Group Co., Ltd., received a warning letter from the Zhejiang Securities Regulatory Bureau due to a significant reduction in its shareholding caused by judicial auction [1] Group 1: Shareholding Changes - The controlling shareholder's shareholding in Zhang Xiaoqin decreased by 31.96 million shares, accounting for 42.05% of its holdings before the judicial auction [1] - The reduction in shares violated the commitment made during Zhang Xiaoqin's IPO regarding shareholding intentions and reduction intentions [1] Group 2: IPO Commitments - According to Zhang Xiaoqin's prospectus, the controlling shareholder committed to not reducing more than 25% of its total shareholding in any given year within two years after the lock-up period [1] - Zhang Xiaoqin was listed on September 6, 2021, and the controlling shareholder held 76 million shares until the first quarter of 2025 without any reductions [1] Group 3: Judicial Auction Details - From May to June of this year, individuals Yang Tao and Shanghai Tuyu Chengxiang acquired 3.2 million shares and 28.7563 million shares, respectively, through judicial auctions, leading to the passive reduction of shares by the controlling shareholder [1] Group 4: Regulatory Response - Following the warning letter, the controlling shareholder expressed intentions to strengthen compliance awareness and fulfill related commitments, with a written report to be submitted to the Zhejiang Securities Regulatory Bureau [1] - The company stated that the regulatory measures are directed at the controlling shareholder and will not affect the normal operations of the listed company [1]
张小泉：控股股东因司法拍卖股份致被动违反承诺被警示