Xuanji Information: 55.18 million shares held by the controlling shareholder will be auctioned off by judicial sale, accounting for 3.19% of the total share capital.

date
04/08/2026
Xuanji Information announced that the shares held by the controlling shareholder and actual controller, Chen Jiangtao, amounting to 55,180,000 shares, will be auctioned off. The auction is scheduled to take place from 10:00 on August 20, 2026, to 10:00 on August 21, 2026. The auctioneer is the Intermediate People's Court of Yibin City, Sichuan Province. As of the date of the announcement, Chen Jiangtao and his concerted parties have a cumulative pledge, judicial freeze, and pending freeze on shares that account for 38.59%, 59.32%, and 448.29% of his total shares, respectively. This auction is still in the publicity stage, and the outcome is uncertain. Currently, it does not involve a change in the actual controller. The company will closely monitor the situation and disclose developments in a timely manner.