Gengxing Co., Ltd. announced that 79.296 million shares of the company held by the controlling shareholder Zhonggeng Real Estate Group Co., Ltd. (“Zhonggeng Group”) are to be judicially disposed of and auctioned, accounting for 97.56% of the company's shares and 34.71% of the company's total share capital. If this judicial auction succeeds, there may be a risk that the actual controller or controlling shareholder of the company will change, or that the company will have no actual controller.
庚星股份：控股股东中庚集团所持公司34.71%股份将被司法处置拍卖
Gengxing Co., Ltd.: 34.71% of the company's shares held by the controlling shareholder Zhonggeng Group will be judicially disposed of and auctioned
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