Global top e-commerce: Major shareholder's stake shift

Global Top E-Commerce (SZSE:002640) announced the completion of a judicial auction involving shares held by its largest shareholder, Yang Jianxin. The auction, conducted via the Taobao judicial auction platform, saw 8 million shares purchased by Wang Xiaohua, out of a total of 35,547,058 shares put up for auction. Following the transfer, Yang Jianxin's stake decreased from 9.75% to 9.23% of the company's total share capital (excluding shares in the company's repurchase special account). The combined holdings of Yang Jianxin, Fan Meihua, and Xinyu Ruijing Enterprise Management Services decreased by 5.36% to 9.42% of total share capital. The company emphasizes that this change will not affect control and that current operations remain normal.