Core Viewpoint - Guangzhou Rural Commercial Bank intends to transfer its entire stake of 106 million shares in Zhongjie Resources, representing 8.84% of the company's total equity, through a public auction scheduled for December 4, 2025 [1][4][6] Summary by Sections Shareholder Information - The shares being auctioned are all of the shares held by Guangzhou Rural Commercial Bank, which amounts to 106,688,798 shares, constituting 100% of its holdings in Zhongjie Resources [6] - The company currently has no controlling shareholder or actual controller [1][6] Auction Details - The auction announcement will be published on the Guangzhou Public Auction House platform on December 4, 2025 [1][4] - The auction process will involve bidding, payment, and transfer, with the outcome being uncertain [6] Impact on Company Structure - The auction is not expected to significantly impact the company's governance structure or ongoing operations [1][4][6]