Jiangsu Amer New Material announced on the evening of June 28th that the company received two execution judgments from Qingdao Intermediate Court, which ruled to auction off 62.2964 million shares and 5.4974 million unrestricted shares held by Shenzhen YIWEI New Material Co., Ltd. (referred to as 'Shenzhen YIWEI'), totaling 10.4% of the company's total share capital. The 62.2964 million shares (9.56% of the company's total share capital) held by Shenzhen YIWEI will be auctioned off through JD.com's online judicial auction platform by Qingdao Intermediate Court. If the judicial auction is finally successful, the shareholding ratio of Shenzhen YIWEI and its concerted action person, Xi'an Zhongwei, in the company will be reduced by 9.56%, which may lead to a change in the company's controlling interest.
正威新材：9.56%股份将被司法拍卖 或致公司控制权变更
Jiangsu Amer New Material: 9.56% of the shares will be judicially auctioned which may lead to a change in the company's controlling interest.
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