ST Derun: Some shares held by the controlling shareholder and the actual controller will be auctioned off by the judiciary.
ST Derun announced that some shares of its controlling shareholder Desheng Company and one of the actual controllers Qiu Jianmin will be auctioned by the court, with 4.3 million shares and 13.55 million shares respectively, accounting for 0.71% and 2.24% of the company's total share capital. The auction will take place from 10:00 on April 20, 2026 to 10:00 on April 21, 2026, with starting prices of 27.09 million yuan and 85.365 million yuan respectively. As of the disclosure date of the announcement, Desheng Company and Qiu Jianmin have had a total of 95.3287 million shares auctioned by the court and transferred, accounting for 15.77% of the total share capital. If the auction is successful, the controlling interest of the company may change, and investors are reminded to pay attention to the risks.
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