ST Derun: Controlling Shareholder's Partial Shares to be Judicially Auctioned

2026-03-20 10:14:36

ST DeRun announces that 4.3 million shares held by the controlling shareholder Desheng Company (accounting for 0.71% of the total share capital) and 13.55 million shares held by the actual controller Qiu Jianmin (accounting for 2.24% of the total share capital) will be auctioned by judicial authorities, totaling 17.85 million shares, representing 2.95% of the total share capital. This auction does not involve a change in company control, but there may be a risk of future changes.

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