Jingjia Group: The controlling shareholder's 35 million shares were auctioned by the court for a transaction amount of 138 million yuan.
Jinjia shares announced that its controlling shareholder, Jinjia Venture Capital, auctioned off 35 million shares of the company on June 23-24, with a total transaction amount of 138 million yuan, accounting for 2.48% of the company's total share capital. If the final transaction is completed and transferred, the shareholding ratio of Jinjia Venture Capital will decrease from 18.98% to 16.51%, and the combined shareholding ratio with the concerted action parties will decrease from 19.09% to 16.61%. This will not result in a change of the company's controlling shareholder or actual controller. This auction still needs to pay the final installment, court ruling, and transfer of equity, which involves uncertainty.
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