Core Points - The Nanjing Gaochun District People's Court has engaged in a live-streaming event to sell crabs, helping a debtor to liquidate assets quickly due to the perishable nature of the product [1][2] - The live-streaming sale resulted in over 100 orders within 2.5 hours, effectively clearing the available stock of crabs, with all proceeds directed to a court-managed account for debt repayment [1] Group 1 - The live-streaming initiative is part of the court's efforts to assist "honest but unfortunate" debtors, with 20 cases filed and 16 concluded since the pilot program began [2] - The court aims to educate the public on legal knowledge through this innovative approach, which has been well-received by viewers as a practical legal education session [2]

Core Viewpoint - ST Lingnan has been accused of collusion in bidding and is facing legal proceedings, which may impact its operations and financial status in the future [1][3][4]. Group 1: Legal Issues - The company has been formally charged with collusion in bidding, with a court date set for October 31, 2025 [3]. - As of October 28, 2025, the company and its subsidiaries have faced litigation and arbitration totaling approximately 131 million yuan, which represents 12.28% of the company's latest audited net assets [4]. Group 2: Shareholder Actions - Shareholder Yin Hongwei's 20 million shares (1.10% of total shares) were sold at auction for 36.288 million yuan on November 2, 2025 [5]. - Yin Hongwei has faced multiple judicial sales of his shares, with a total of approximately 208 million shares frozen and 1.294 billion shares under pending judicial actions [6]. Group 3: Financial Performance - For the first three quarters of 2025, the company reported revenues of approximately 253 million yuan, a year-on-year decline of 68.75%, and a net loss attributable to shareholders of approximately 206 million yuan [4].

央广网北京11月4日消息（总台记者管昕 钱成）据中央广播电视总台中国之声《新闻纵横》报道， 近日，江苏南京市高淳区人民法院携手某资产交易平台推出了一场特殊的司法变卖直播专场。三位法官 化身主播帮债务人卖螃蟹，引来20多万人次在线围观，引发舆论热议。 高淳区法院回应，此次直播是法院在执行工作中的新尝试，是为了助力诚信债务人清偿债务而举办 的；且直播并未占用正常上班时间，而是由执行团队加班筹备。法官助力债务人直播带货卖螃蟹，这一 做法为何引来围观？可以推广持续吗？ 10月31日晚上7点至9点，高淳区人民法院在南京市中级人民法院的视频号、微博等多个社交媒体账 号直播"带货卖螃蟹"。视频显示，多位身着制服的法院工作人员出现在直播镜头前，介绍售卖的螃蟹。 一位法官表示："依据最高人民法院网拍规定，对于市场有公开参考价、季节性商品，比如说像螃 蟹这种生鲜水产，我们是可以直接变卖的。本次变卖的价格，我们也是参照固城湖品牌管理办公室当日 发布的固城湖螃蟹网络零售交易指导价格，也是一口价模式，即拍即得。" 记者采访了解到，这场司法变卖直播的背后，是一个普通家庭与债务抗争十多年的故事。秋兰的父 母年过六旬，早年以船舶运输为生，却 ...

Core Viewpoint - The company announced that its major shareholder, Zheng Suzhen, will sell 124 million unrestricted circulating shares, representing 6.70% of the total share capital, through a judicial auction on JD Network [1] Group 1 - The judicial auction will not have a significant adverse impact on the company's management and operations [1] - The sale will not affect the company's controlling shareholder and actual controller [1] - The outcome of the auction is uncertain, and the company will closely monitor the progress and fulfill its information disclosure obligations [1] Group 2 - The buyer is restricted from reducing their holdings within six months after the acquisition [1] - Zheng Suzhen is identified as the mother of Xu Xiang [1]