According to the Yellow River Cyclone announcement, Qiao Qiusheng, a shareholder holding more than 5% of the company's shares, acting in concert, will be judicially auctioned off for 6 million unrestricted tradable shares due to a financial loan contract dispute. The auction period is from 10:00 on August 29, 2026 to 10:00 on August 30, with a starting price of 56.352,000 yuan, a deposit of 5.63 million yuan, and a price increase of 10,000 yuan. This judicial auction will not lead to a change in the company's control, has no significant impact on daily operations, and the results are uncertain.

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