FilingReader Intelligence

Guangdong Golden Dragon share auction fails, shares unsold

July 8, 2025 at 09:29 AM UTCBy FilingReader AI

Guangdong Golden Dragon Development announced that the judicial auction of 35,000,000 shares held by its controlling shareholder, Dongguan New Century Science and Education Development Co., Ltd., concluded without a successful sale. The auction, held on the Taobao judicial auction platform from July 7th to July 8th, 2025, failed due to lack of bids. The company stated it will continue to fulfill its information disclosure obligations regarding any further developments. Investors are cautioned to rely solely on official announcements in the Securities Times, China Securities Journal, Shanghai Securities News, and the CNINFO website for accurate information, and to exercise caution in their investment decisions.

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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