---
title: "The auction of 12 million shares held by the controlling shareholder of QJCT has been suspended"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/245473426.md"
description: "QJCT Holdings' major shareholder, Xi'an Qujiang Tourism Investment Co., Ltd., has suspended the judicial auction of 12 million shares originally scheduled for June 19 to 20, 2025. This decision was made due to the execution of a settlement agreement with the borrower, Shaoxing Keqiao Huijin Microfinance Co., Ltd"
datetime: "2025-06-20T14:18:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/245473426.md)
  - [en](https://longbridge.com/en/news/245473426.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/245473426.md)
---

# The auction of 12 million shares held by the controlling shareholder of QJCT has been suspended

On the evening of June 20, QJCT announced that the company received a notification from its controlling shareholder, Xi'an Qujiang Tourism Investment Co., Ltd., regarding the progress of the judicial auction of some shares held in QJCT. The notification indicated that the 12 million shares of QJCT held by the tourism investment group were originally scheduled to be publicly auctioned on the Taobao judicial auction platform of the Intermediate People's Court of Shaoxing City, Zhejiang Province, from 10:00 on June 19, 2025, to 10:00 on June 20, 2025. Currently, Xi'an Qujiang Cultural Industry Capital Operation Management Co., Ltd. has reached an execution settlement agreement with the borrower, Shaoxing Keqiao Huijin Microfinance Co., Ltd., and this auction activity has been suspended

### Related Stocks

- [600706.CN](https://longbridge.com/en/quote/600706.CN.md)

## Related News & Research

- [Pure Tungsten Completes Merger with GB Innovation Co., Ltd., Advancing Toward Near-Term Production and Planned Public Listing](https://longbridge.com/en/news/286944364.md)
- [Los Angeles drivers face $100 fill-ups in a city built around cars](https://longbridge.com/en/news/287101199.md)
- [Phú Quý special zone leverages tourism, fisheries for sustainable development](https://longbridge.com/en/news/286699206.md)
- [11:23 ETTOUS les JOURS BRINGS OFFICIAL BTS THE CITY ARIRANG POP-UP EXPERIENCE TO LAS VEGAS BAKERY CAFÉS](https://longbridge.com/en/news/286793282.md)
- [PRECIOUS-Treasury yields, dollar weigh on gold amid inflation concerns](https://longbridge.com/en/news/286929968.md)