Huachuang Yunxin share auction fails to attract bidders
Huachuang Yunxin Digital Technology Co., Ltd. announced today that a judicial auction of 41,455,000 shares, representing 1.87% of the company's total share capital, concluded without any successful bids. The auction, conducted on the "Taobao.com" judicial auction platform from October 11 to October 12, 2025, by the Pudong New Area People's Court of Shanghai, saw no interested parties.
The shares, classified as unlimited tradable shares, were held by Shanghai Shanrong Industrial Co., Ltd. As a result of the lack of bids within the stipulated timeframe, the auction has been deemed a "flow auction," indicating that the shares remain unsold.
Huachuang Yunxin's board of directors assures the public that the information provided in this announcement is truthful, accurate, and complete, and accepts legal responsibility for its content. The company stated it will closely monitor future developments regarding these shares and fulfill its information disclosure obligations as required by relevant regulations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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