FilingReader Intelligence
Shanshan indirect shareholder faces judicial share auction
August 13, 2025 at 05:12 PM UTC•By FilingReader AI
Shanshan Holdings, the indirect controlling shareholder of Ningbo Shanshan, will have 4,260,200 shares auctioned by court order on September 20-21, 2025. The shares represent 0.19% of total share capital and are currently frozen.
The auction will reduce the controlling shareholder's combined holdings to 26.17% from 26.36%, but the company does not anticipate a change in control.
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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