Zhongguancun announced that 62.18 million tradable shares held by Gome Holdings, the controlling shareholder of the company, will be judicially auctioned, accounting for 33.32% of its shares and 8.23% of the company's total share capital. The auction was initiated by the Guangzhou Intermediate People's Court of Guangdong Province. The auction period was from 14:00 on November 17, 2026 to 14:00 on November 18, 2026, due to the resumption of judicial enforcement matters relating to the previous suspension of the auction. As of the disclosure date of the announcement, Gome Holdings held 24.71% of the company's shares. If this auction is completed, the shareholding ratio will drop to 16.48%, and it is still the company's largest shareholder. This judicial auction is still in the publicity stage. The results are uncertain, and the bidders are not allowed to reduce their holdings within 6 months after the sale.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.