---
title: "Yongshan Lithium Industry: The judicial auction failed to sell and did not have a significant impact on the company's production and operations"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/260877586.md"
description: "Yongshan Lithium Industry announced that the 40 million shares and 10 million shares held by its shareholder Shanghai Gangshi Equity Investment Co., Ltd., which holds more than 5% of the shares, will be publicly auctioned from October 10 to 12, 2025, but the auction failed due to no bids. The company stated that this failed auction will not have a significant impact on its production and operations, and it will fulfill its information disclosure obligations based on subsequent developments"
datetime: "2025-10-13T10:29:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260877586.md)
  - [en](https://longbridge.com/en/news/260877586.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260877586.md)
---

# Yongshan Lithium Industry: The judicial auction failed to sell and did not have a significant impact on the company's production and operations

Yongshan Lithium Industry announced that the 40 million shares and 10 million shares held by its shareholder Shanghai Gangshi Equity Investment Co., Ltd., which holds more than 5% of the shares, will be publicly auctioned from October 10, 2025, to October 12, 2025. According to the auction results displayed on the JD.com judicial auction online platform of the People's Court of Bao'an District, Shenzhen, the aforementioned judicial auction has failed due to no bids. This failure of the judicial auction related to Shanghai Gangshi's shares will not have a significant impact on the company's production and operations. The company will fulfill its information disclosure obligations in a timely manner in accordance with relevant laws, regulations, and normative documents based on subsequent developments

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