Hangzhou Gaoxin: Shareholder Wanren Zhongying 4.61% of shares will be auctioned judicially
Hangzhou Gaoxin announced that 5.8337 million shares held by its shareholder Wanren Zhongying will be subject to judicial auction. The auction will be conducted by the People's Court of Boshan District, Zibo City from October 16 to 17, 2025, with the auction platform being Shandong Property Rights Exchange Center. Wanren Zhongying is not the company's controlling shareholder or actual controller, and this auction will not lead to a change in the company's control nor will it have a significant adverse impact on the company's production operations and governance structure
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