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Guofa Shares: Judicial Auction of 3.4% Company Shares Held by Major Shareholder May Result in Change of Controlling Shareholder
Everyday Economic News AI Express, March 24 — Guofa Shares (600538.SH) announced that the company’s major shareholder Zhu Rongjuan and her concerted action partner Peng Tao, among others, are involved in a loan contract dispute with Guangxi Meiqiang Investment Co., Ltd. As a result, 17.84 million shares held by Zhu Rongjuan (accounting for 3.4% of the company’s total share capital) will be auctioned by the Nanning Qingxiu District Court from 10:00 a.m. on April 22 to 10:00 a.m. on April 23 (excluding any delays). The company’s major shareholder and their concerted action partners currently have a high proportion of shares under judicial freeze, with numerous enforcement cases involving large amounts over the past year due to debt issues. If the 17.84 million shares are successfully auctioned and judicially transferred, the company’s controlling shareholder and actual controller may change.
Daily Economic News