Jin Tongling: Shareholder Ji Wei's holding of 13.9 million shares will be auctioned off judicially.

date
12/08/2025
Jintong Ling announced that 13.9 million shares held by shareholder Ji Wei, who owns more than 5% of the company's shares, will be auctioned off judicially. This represents 22.83% of his total holdings of 60.8948 million shares and 0.93% of the company's total share capital. The auction is being carried out by the People's Court of Chongchuan District, Nantong City, Jiangsu Province, and will be conducted in two rounds. The first auction will take place from 10:00 on September 29, 2025, to 10:00 on September 30, 2025, and the second auction will take place from 10:00 on October 16, 2025, to 10:00 on October 17, 2025. This auction is being held due to a contractual dispute.