Xianfeng Holdings: The remaining shares of the controlling shareholder's concerted action person will be judicially auctioned.

date
05/11/2025
Saint Rich Holdings announced that its controlling shareholder Guangdong Xianfeng has been declared bankrupt. As of the date of the announcement, Guangdong Xianfeng holds 315.86 million shares of the company, accounting for 0.31% of the total share capital. The stock disposal plan proposed by its administrator has been approved by the court, and the 315.86 million shares will be auctioned as a whole package through the JD Judicial Auction Platform, with the auction starting on November 12, 2025, at a starting price of 3.91 yuan per share, with a total price of 12.35 million yuan. This share disposal will not result in a change in the company's controlling rights and will have no impact on the company's daily operations.
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