According to the Zhithun Finance APP, Jiangsu Huasheng Tianlong Photoelectric (300029.SZ) announced that the Third Intermediate People's Court of Peking will conduct the first public auction of 14 million shares held by the controlling shareholder Dayou Holdings Limited (referred to as "Dayou Holdings") from 10:00 on November 29, 2024, to 10:00 on November 30, 2024 (excluding any extensions) on the jd.com judicial auction network platform. This represents 54.69% of the shares held by Dayou Holdings and 6.98% of the company's total share capital. The company learned from the jd.com judicial auction network platform yesterday afternoon that this auction has been withdrawn. Information released on the jd.com judicial auction network platform states that the reason for the withdrawal is: an execution objection was raised by a third party.

The withdrawal of this judicial auction will not adversely affect the company's operation and will not lead to a change in the company's control. As of the announcement date, aside from the aforementioned withdrawn stock auction, Dayou Holdings has no other stocks being auctioned.