Deren: 13.6 million shares of the controlling shareholder will be auctioned off by judicial sale

Deren announced that 13.6 million shares held by its controlling shareholder, Shenzhen Desheng Asset Management Co., Ltd., will be auctioned off, accounting for 62.54% of its total shares held and 2.25% of the company's total share capital. This auction will not have a significant impact on the company's production and operations, but if there are other judicial auction situations in the future, the company’s control may face the risk of change. The auction will take place from November 20 to 21, 2025, with a starting price of 26.996 million yuan, a deposit of 2.6996 million yuan, and a bidding increment of 130,000 yuan and its multiples