The 40 million shares of Guoxin Securities were put up for auction twice but received no bids.

On July 3rd, the Ali judicial auction platform showed that the 40 million shares of Huarong Securities held by Shenzhen Kuming Industrial Co., Ltd. were auctioned and ended at ten in the morning, but no one made a bid so it was a no-sale. This is the second auction of this equity stake, with a starting price of 69.216 million yuan.