Qianjiang Biochemical: Yunnan Water Holding Company's Equity Judicial Auction Ended in Failure

Qianjiang Biochemical Announcement, the People's Court of Wuhua District, Kunming City, will conduct a judicial auction of 3 million shares of restricted shares held by Yunnan Water Affairs from May 16th to May 17th, 2026, accounting for 0.35% of the total share capital of the company and 1.81% of the shareholding. According to the inquiry, the above auction ended on May 17th, 2026, as no one made a bid, and the auction was unsuccessful. This judicial auction has no significant direct impact on the company's production and operation.