FilingReader Intelligence
Shanshan shareholder stake faces second auction attempt
August 5, 2025 at 05:13 PM UTC•By FilingReader AI
Ningbo Shanshan's controlling shareholder affiliate faces a second judicial auction for 29.58 million restricted shares representing 1.32% of total capital, scheduled for August 25-26, 2025.
The previous auction went unsold. If successful, the controlling shareholder's stake would fall to 25.04%, though no control change is expected.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:600884•Shanghai Stock Exchange
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