---
title: "CXJG: Controlling shareholder Sun Jiexiao plans to auction 170 million shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/256341131.md"
description: "CXJG announced that Mr. Sun Jiexiao, the controlling shareholder, will publicly auction 170 million shares of the company on the JD.com judicial auction platform from September 23, 2025, to September 24, 2025. This represents 55.91% of his holdings and 15.05% of the company's total share capital. The judicial auction is currently in the public notice stage, and there is a possibility of suspension or withdrawal of the auction, making the auction results uncertain. If the above shares are fully auctioned, the company's controlling shareholder and actual controller may change"
datetime: "2025-09-08T08:33:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/256341131.md)
  - [en](https://longbridge.com/en/news/256341131.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/256341131.md)
---

# CXJG: Controlling shareholder Sun Jiexiao plans to auction 170 million shares

CXJG announced that Mr. Sun Jiexiao, the controlling shareholder, will have 170 million shares of the company publicly auctioned for the second time on the JD.com judicial auction platform from September 23 to September 24, 2025, accounting for 55.91% of his holdings and 15.05% of the company's total share capital. This judicial auction is still in the public announcement stage, and there is a possibility of suspension or withdrawal of the auction, making the auction results uncertain. If the above shares are fully auctioned, the company's controlling shareholder and actual controller may change

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