---
title: "The 35 million shares held by the controlling shareholder of GOLDEN DRAGON will be auctioned for the second time"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/251446760.md"
description: "The 35 million shares held by the controlling shareholder of GOLDEN DRAGON, Dongguan New Century Science and Education Development Co., Ltd., will be subject to a second judicial auction on August 25, 2025. The auction is initiated by the People's Court of Tianhe District, Guangzhou, and the shares account for 16.59% of New Century's holdings and 3.91% of the company's total share capital. This auction is conducted due to judicial enforcement, and specific information has been announced on Taobao"
datetime: "2025-08-04T11:40:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/251446760.md)
  - [en](https://longbridge.com/en/news/251446760.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/251446760.md)
generator: "portal-rs"
---

# The 35 million shares held by the controlling shareholder of GOLDEN DRAGON will be auctioned for the second time

On the evening of August 4th, GOLDEN DRAGON announced that 35 million shares held by its controlling shareholder Dongguan New Century Science and Education Development Co., Ltd. will be subject to a second judicial auction. This portion of shares accounts for 16.59% of New Century's holdings and 3.91% of the company's total share capital. The auction is initiated by the People's Court of Tianhe District, Guangzhou, and will take place on August 25, 2025, on the Taobao judicial auction online platform, with a duration of one day. The announcement indicates that the reason for this auction is judicial enforcement, and specific auction information has been publicly disclosed on the aforementioned platform

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**