---
title: "JINJIA: 43.4 million shares of the controlling shareholder will be auctioned off judicially"
description: "JINJIA announced that 43.4 million shares of the company held by its controlling shareholder JINJIA Venture Capital will be judicially auctioned from November 25 to 26, accounting for 9.37% of its sha"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/262189311.md"
published_at: "2025-10-22T08:32:00.000Z"
---

# JINJIA: 43.4 million shares of the controlling shareholder will be auctioned off judicially

> JINJIA announced that 43.4 million shares of the company held by its controlling shareholder JINJIA Venture Capital will be judicially auctioned from November 25 to 26, accounting for 9.37% of its shareholding and 2.99% of the company's total share capital. If all shares are sold, its shareholding ratio will decrease to 26.34%, and the total shareholding ratio will drop to 29.06%, but it will not lead to a change in the company's control. The auction results remain uncertain

JINJIA announced that its controlling shareholder, JINJIA Venture Capital, received a court notice that 43.4 million shares of the company will be auctioned judicially from 14:00 on November 25 to 14:00 on November 26, accounting for 9.37% of its holdings and 2.99% of the company's total share capital. If all shares auctioned are successfully sold and transferred, its shareholding ratio will decrease from 31.90% to 26.34%, and the combined shareholding ratio of it and its concerted parties will decrease from 34.62% to 29.06%, which will not lead to a change in the company's control. The auction is still in the public announcement stage, and the results are uncertain

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