Group 1 - The Guangdong Chaozhou Chao'an District Procuratorate has implemented a big data legal supervision model to address challenges in monitoring online judicial auctions, ensuring fairness in the process [1][2] - The model has detected anomalies in auction announcements, such as the failure to upload execution basis and unclear tax responsibilities, which do not comply with legal requirements [1][2] - The procuratorate has initiated a comprehensive investigation into procedural violations in online judicial auctions, leading to the identification of multiple similar cases with incomplete announcements and illegal tax burden assignments [2] Group 2 - Following the implementation of the procuratorate's recommendations, new auction announcements now include execution basis numbers and have removed inappropriate tax burden statements, clarifying that buyers can apply for refunds of prepaid taxes from auction proceeds [3] - Training sessions have been conducted for judicial staff to ensure a thorough understanding of the legal provisions regarding tax responsibilities in online judicial auctions [3]

Group 1 - The Shanghai Financial Court will conduct a public online judicial auction on Taobao from March 7, 2026, 10:00 AM to March 10, 2026, 10:00 AM, involving 38 million shares of Hengfeng Bank held by Yantai Zhongwei Investment Co., Ltd. [1] - The estimated value of the auctioned shares is 38 million yuan, with a starting price set at 26.6 million yuan and a deposit requirement of 3 million yuan. The minimum bidding increment is 100,000 yuan [2]. - The auction will follow a price-increment auction format, requiring at least one bidder to register and bid at or above the starting price for the auction to proceed. There is a time extension feature for bids placed in the last 5 minutes of the auction [3]. Group 2 - Interested bidders must carefully read the auction announcement and related materials, including the bidding instructions and the investigation report on the auctioned assets [4]. - The auction assistance agency is Shanghai Xinyi Auction Co., Ltd., with contact details provided for inquiries and offline registration [5].