Recently, the jd.com asset trading platform showed that the shares held by china union holdings limited (referred to as "china union") of ningxia bank were auctioned on November 25 and transacted on the same day, totaling 0.126 billion shares with a fill price of approximately 0.269 billion yuan, ultimately won by ningxia transportation investment group limited. This marks the seventh auction initiated by china union. In recent years, the shares of small and medium-sized banks have frequently appeared on the auction "stage," and cold bids and unsold auctions have become the norm, but there are also some local state-owned assets demonstrating enthusiasm for acquiring quality small and medium-sized bank shares. Industry insiders believe that the frequent auctioning of small and medium-sized bank shares is mainly due to some shareholders' assessment of the prospects of the symbol, or selling shares to obtain liquidity, while local state-owned assets' involvement is beneficial for small and medium-sized banks to optimize their shareholding structure and better prevent risks. (Shanghai Securities Journal)