Xu Xiang suddenly announced: Deluxe Family's equity will be auctioned, valued at approximately 564 million yuan

On the evening of December 25th, the listed company Deluxe Family announced that it recently received an "Execution Ruling" from the Intermediate People's Court of Qingdao City, Shandong Province (referred to as "Qingdao Intermediate Court")【(2022) Lu 02 Zhi 924 No. 20】. The Qingdao Intermediate Court will auction 90 million shares of the company held by its shareholder Shanghai Zexi Zengxu Investment Center (Limited Partnership) (referred to as "Shanghai Zexi"), which accounts for 5.62% of the company's total share capital. The shares to be auctioned represent 100% of the shares held by Shanghai Zexi in the company