Huachuang Yunxin shareholder faces judicial auction of significant stake

Huachuang Yunxin Digital Technology Co., Ltd. announced that 41,455,000 unrestricted circulating shares held by Shanghai Shanrong Industrial Co., Ltd. ("Shanrong Industrial") will be publicly auctioned by the Shanghai Pudong New Area People's Court. These shares represent 34.94% of Shanrong Industrial's total holdings and 1.87% of the company's total share capital. The auction is scheduled for October 11, 2025, at 10:00 AM, until October 12, 2025, at 10:00 AM, due to judicial enforcement.

As of the end of August 2025, Shanrong Industrial and its concerted parties collectively hold 182,062,908 shares, accounting for 8.22% of the company's total share capital. The auction's completion is expected to trigger a change in shareholder equity reaching a 1% integer multiple. The company noted it currently has no controlling shareholder or actual controller, and this judicial auction will not affect its normal operations.

Huachuang Yunxin will monitor the auction's progress and fulfill its information disclosure obligations. Buyers of the auctioned shares will face a six-month lock-up period, prohibiting them from reducing their holdings. Investors can find detailed information on the Shanghai Pudong New Area People's Court's judicial auction platform on "Taobao.com."