海南海药：持股5%以上股东1.18亿股股份将被司法变卖

Core Points - The major shareholder, Southern Tongzheng, will have 11,761.7 million restricted shares judicially sold due to a contractual dispute, accounting for 92.51% of its holdings and 9.07% of the company's total share capital [1] - The sale will occur from November 23, 2025, to January 22, 2026, and will not lead to a change in the company's actual control or affect its production and operations [1] - Previous auctions on November 1-2 resulted in the sale of 6.2089 million shares for 33.6507 million yuan, with a buyer named Zhang Yu; an additional 7 million shares are set for auction on November 16-17 [1] - As of the announcement date, Southern Tongzheng holds 127 million shares, representing 9.80% of the total share capital, all of which are pledged and frozen [1]