WFDSJ(SH:601010) 第一财经·2025-07-28 14:10Core Viewpoint - The announcement from Wenfeng Co., Ltd. indicates that 124 million shares held by Zheng Suzhen, the mother of Xu Xiang, will be judicially sold, which represents 6.7% of the company's total share capital and 100% of her holdings in the company [1]. Summary by Sections - Judicial Sale Announcement - Zheng Suzhen's 124 million shares will be sold on the JD Network judicial auction platform [1]. - This sale will not significantly impact the company's management or lead to changes in the controlling shareholder or actual controller [1]. - Shareholding Details - As of the first quarter of 2025, Zheng Suzhen held 275 million shares, making her the third-largest shareholder of Wenfeng Co., Ltd. [1]. - The shareholding percentage decreased from 14.24% to 6.70% after two rounds of auctions, where 11.85 million shares were sold in the first round and 139 million shares in the second round [1].