CWPC(SZ:002630) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-01 23:31Core Viewpoint - The company disclosed the potential judicial auction of shares held by its controlling shareholder, which has progressed through multiple announcements detailing the auction results and share transfers [1][2][4]. Group 1: Share Auction Details - The controlling shareholder, Li Renchao, holds 20,847,868 shares (1.77% of total shares), which may be subject to judicial auction [1]. - As of March 19, 2025, 5,211,967 shares (0.44% of total shares) were successfully auctioned [1]. - By August 27, 2025, an additional 12 million shares (1.02% of total shares) were successfully auctioned [2]. - The total shares auctioned so far amount to 17,711,967 shares, with a cumulative auction amount of 52,076,903 RMB [4]. Group 2: Financial Implications - The planned execution limit for the auctioned shares is 51,702,712.99 RMB, which has been covered by the cumulative auction proceeds [4]. - The successful auction price for the latest batch of shares was 1,332,500 RMB [2][3]. Group 3: Shareholder Impact - Following the successful auction, Li Renchao's shareholding will decrease from 137,063,713 shares (11.61% of total shares) to 136,563,713 shares (11.57% of total shares), maintaining his status as the controlling shareholder [5]. - The company confirms that its operations remain normal and that the share auction will not significantly impact its governance or operations [5].