Shareholder Jin Sheng Industrial, who holds 17.3378 million shares of Saurer Intelligent Technology (600545.SH), will passively reduce its holdings.

Saurer Intelligent Technology (600545.SH) announced that the company has learned that the Shenzhen Intermediate People's Court will force the sale of 17.3378 million unrestricted tradable shares of the company held by the debtor Jiangsu Jinsheng Industrial Co., Ltd. (referred to as "Jinsheng Industrial"). The securities company where Jinsheng Industrial has an account will assist in implementing the court's decision to sell the 17.3378 million shares, starting from September 25, 2024 through centralized competitive bidding.