*Special treat Renle (002336) announced on the evening of September 27th that the board of directors recently received a notice from the controlling shareholder, Cultural Group. Cultural Group provided joint liability guarantees for a loan from Xi'an Qujiang City Industrial Supply Chain Management Co., Ltd., a subsidiary, to Shaoxing Keqiao Huijin Microfinance Co., Ltd. The subsidiary failed to repay the loan upon maturity, leading to Shaoxing People's Court planning to auction off 32 million shares (7.27% of the total share capital) of the company held by Cultural Group to repay the aforementioned loan. Currently, this portion of the shares is frozen. This share auction will not affect the company's production and operation, nor will it result in a change of the company's controlling shareholder and actual controller.
*ST人乐:控股股东所持公司7.27%股份因担保承担连带责任将涉及司法拍卖
*Special treat Renle: The company's controlling shareholder holds 7.27% of the company's shares due to providing joint liability guarantees will be involved in judicial auction.
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