---
title: "Dagang Holding: 1.89% of the company's shares held by the actual controller will be auctioned off by the judiciary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240805982.md"
description: "On the evening of May 19th, Dagang Holding announced that the company's controlling shareholder and actual controller, Sun Jianxi, will have 6 million shares, accounting for 1.89% of the total shares of the company, judicially auctioned. 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"
datetime: "2025-05-19T09:46:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240805982.md)
  - [en](https://longbridge.com/en/news/240805982.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240805982.md)
---

# Dagang Holding: 1.89% of the company's shares held by the actual controller will be auctioned off by the judiciary

Dagang Holding announced on the evening of May 19 that 6 million shares held by the company's controlling shareholder and actual controller, Sun Jianxi, accounting for 1.89% of the total shares of the company, 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 and will not affect the company's normal production and operations

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