The results of the auction of the shares held by Xu Xiang's mother in Daheng Technology have been announced: the transfer party includes middle-level managers of a business services company and the controlling shareholder of a large electronic company.

The judicial auction of the large Heng Technology equity held by Zheng Suzhen, the mother of former "private placement leader" Xu Xiang, has come to a conclusion. According to the announcement released by Daheng Technology on the evening of August 4th, a total of 8 judicial auction bidders acquired the stocks. The average price of this judicial auction is 13.17 yuan per share, with a total auction value of 1.712 billion yuan. It is worth noting that among the 8 judicial auction buyers, 7 are individuals, and the buyer with the highest number of shares has formed a stake. His personal identity is a middle-level manager of Ningbo Jinhai Logistics Services Co., Ltd. Another buyer is China New Era Limited, which owns Ningbo Electronic Information Group Co., Ltd. Ningbo Electronic Information Group Co., Ltd. is involved in industries including high-performance integrated circuits, wide-band semiconductor materials, and neodymium iron boron permanent magnet materials.