Lates News

Wuhan Mingcheng Culture Sports Group Co., Ltd. announced that New Star Han Yi, a shareholder holding more than 5% of the company's shares, auctioned off 9.4 million shares held by the company from 10:00 on September 5 to 10:00 on September 6 on the JD.com judicial auction platform. This portion of shares accounts for 13.42% of New Star Han Yi's total shareholding in the company and 0.46% of the company's total share capital. The auction ended without any bids within the specified time, and the auction will not have a significant adverse impact on the company's operations or management, nor will it result in a change in the controlling shareholder or actual controller. Whether the assets being auctioned will be auctioned again in the future is uncertain, and the company will disclose any progress according to regulations.