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According to the Guizhou Gas announcement, the second judicial auction of 138 million unrestricted tradable shares held by Beijing Dongjia, a shareholder holding 5% or more of the shares, was completed on June 27, 2026. The bidding agency was CITIC Finance. CITIC Financial has paid the balance of the auction and received an “Enforcement Decision” from the court. After completing the share transfer registration, Beijing Dongjia's shareholding will be reduced to 61.504 million shares, accounting for 5.28% of the total share capital; CITIC Financial will hold 138 million shares, accounting for 11.87%. This change in equity does not affect the proposed acquisition and does not affect controlling rights and daily operations. CITIC Financial cannot reduce its holdings for 6 months after the transfer.
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According to the Guizhou Gas announcement, the second judicial auction of 138 million unrestricted tradable shares held by Beijing Dongjia, a shareholder holding 5% or more of the shares, was completed on June 27, 2026. The bidding agency was CITIC Finance. CITIC Financial has paid the balance of the auction and received an “Enforcement Decision” from the court. After completing the share transfer registration, Beijing Dongjia's shareholding will be reduced to 61.504 million shares, accounting for 5.28% of the total share capital; CITIC Financial will hold 138 million shares, accounting for 11.87%. This change in equity does not affect the proposed acquisition and does not affect controlling rights and daily operations. CITIC Financial cannot reduce its holdings for 6 months after the transfer.
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