Dagang Holdings: 1.89% of the company's shares held by the actual controller will be auctioned off by judicial sale.

Jin10 Data, May 19th - Dagang Holdings announced in the evening that the company's controlling shareholder and actual controller, Sun Jianxi, holds 6 million shares of the company, accounting for 1.89% of the total shares. These shares will be subject to judicial auction. If the judicial auction is successful and the transfer is registered, Sun Jianxi's shareholding ratio will decrease from 26.65% to 24.76%. This judicial auction will not result in a change of control of the company, nor will it affect the company's normal production and operations.

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