DFSS(SH:603377) Shang Hai Zheng Quan Bao·2025-11-25 18:55Core Viewpoint - The announcement details the judicial auction of 3,000,000 shares held by the controlling shareholder of Dongfang Shijiao Driving School Co., Ltd, which represents approximately 0.42% of the company's total share capital, amid ongoing pre-restructuring proceedings [2][3]. Group 1: Auction Details - The shares being auctioned are 3,000,000 unrestricted circulating shares held by Dongfang Shijiao Investment Co., Ltd, the controlling shareholder, scheduled for auction from November 24 to November 25, 2025 [2][3]. - The auction results indicate that all 3,000,000 shares were successfully bid on, with the auction process requiring the winning bidder to pay the remaining auction amount and complete related procedures [4]. Group 2: Shareholding Structure Post-Auction - As of the announcement date, the controlling shareholder holds 49,650,000 shares, which is 6.94% of the total share capital. After the auction and pending transfer, this will reduce to 46,650,000 shares, or 6.53% [4][5]. - The actual controller, Xu Xiong, directly holds 250,000 shares, representing 0.03% of the total share capital, and together with the controlling shareholder, they will hold 46,900,000 shares, or 6.56% post-auction [5]. Group 3: Company Status and Future Uncertainty - The company is currently in a pre-restructuring phase, having received a decision from the Beijing First Intermediate People's Court to initiate pre-restructuring, with the outcome of formal restructuring still uncertain [2][3]. - The company has not yet received legal documents regarding entering formal restructuring, and if the court accepts the restructuring application, the company's stock may face delisting risk warnings [2][3].