Beijing Originwater shareholder's second auction lot sold

Beijing Originwater Technology Co., Ltd. announced the sale of 10,000,000 shares, representing 0.28% of total share capital, owned by shareholder Wen Jianping in a second round of judicial auction. The shares were acquired by Zhong Ge at a price of 35,164,650 yuan. This follows the initial disclosure on November 17, 2025, regarding the impending auction of 29,675,142 shares owned by Mr. Wen, a shareholder with over 5% equity.

The second auction lot, part of a three-tranche sale, concluded on December 11, 2025. Following this auction, Mr. Wen's cumulative auctioned shares now total 98,318,418, representing 2.71% of the company's total share capital. He currently holds 201,948,038 shares, equivalent to 5.57% of the company.

Beijing Originwater reiterated that Mr. Wen is not the controlling shareholder or de facto controller, and the judicial auction will not lead to a change in company control or impact its ongoing operations. The company will continue to monitor the progress of the auction.