徐翔之母，股份被拍卖

Core Viewpoint - The article discusses the judicial auction of shares held by Zheng Suzhen, a major shareholder of Wenfeng Co., due to her involvement in a securities manipulation case related to her son Xu Xiang [1][6][8]. Group 1: Share Auction Details - On July 28, Wenfeng Co. announced that Zheng Suzhen's 124 million unrestricted shares will be auctioned on JD Network, representing 6.7% of the company's total shares [1][2][3]. - The auction will take place from August 11, 2025, to October 10, 2025, with the shares divided into 124 lots, including 123 lots of 1 million shares each and one lot of 728,400 shares [3]. - This auction follows two previous attempts to auction Zheng's shares, where 11.85 million shares were sold in the first round and 13.9 million shares in the second round, resulting in a decrease of her holdings from 14.88% to 6.70% [5]. Group 2: Legal Context - The shares are being auctioned as part of the execution of a court ruling against Zheng Suzhen, who is implicated in a case involving her son Xu Xiang, convicted of manipulating the securities market [6][8]. - The Qingdao Intermediate Court's ruling is based on evidence that Xu Xiang conspired to manipulate stock prices and facilitate high-value stock sales [8]. - Zheng Suzhen's shares were previously frozen and are now being sold to satisfy legal obligations stemming from the court's decision [7][8].