On may 6, the red star capital bureau reported that the judicial auction held by wang zhongcheng, founder of the quayuan brothers, on the sale of negotiable shares in unlimited numbers, was successively hammered. Today, the kyoto asset trading platform shows that its holdings of 1. 9 million shares are closed at a start-up bid of $2. 540 million and ultimately $3. 787 million。

Image from kyoto asset trading platform
After 62 rounds of bid, the above-mentioned shares were eventually filmed by the zenithian sing sing (limited partnership) (hereinafter referred to as “the sing sing investment”), at a price of approximately 1. 99 yuan per share. It is worth mentioning that yesterday's investment was successful in winning the 1. 8 million shares held by wang zhongcheng。
According to aoxa, the tianjin investment was established in 2021, with a registered capital of $10. 1 million, and the company has 100 per cent voting rights with the firm's control of china's sino-china corporation。

On the evening of 3 april, the chinese brothers announced that the 1. 3 million shares held by their controlling shareholders and de facto controlrs, wang zhong chong chong, were to be auctioned, accounting for 17. 10 per cent of the total shares of their companies and 0. 41 per cent of the company's total equity。
The red star capital bureau enquired at the kyoto asset trading platform and found that these stocks are currently on board on the platform, divided into six items, with a starting bid ranging from $2. 41 million to $2. 54 million, from 4 may to 10 a. M. On 9 may. In this way, the starting bid is anchored at $1. 337/equity。
In addition to the two above-mentioned closed auctions, a judicial auction of 1. 9 million shares in an unlimited distribution unit is under way and a judicial auction of 1. 9 million shares in an unlimited distribution unit will be held within a few days。
In january of this year, the quakers issued a performance forecast that their net loss in 2025 is expected to be between $289 million and $407 million, and their non-net loss between $314 million and $417 million。
Brother hua also indicated that its projected net assets at the end of 2025 were estimated at -94 million to 63 million. If the net assets audited at the end of 2025 are negative, they will be subject to a risk warning of de-marketing in accordance with the relevant provisions。
On 3 april, for the third time, the quakers issued a related bulletin on the possible imposition of a risk warning on corporate stock exchanges. The bulletin also states that it will endeavour to take measures to improve business capacity and corporate performance in order to safeguard the legitimate interests of a large number of investors, to follow progress positively and to comply with the obligation to disclose information in a timely manner, in strict compliance with legal and regulatory requirements and rules。
Today, the price of st's sorority stock is high and, as of the time of closing, is reported at 1. 95 yuan/equity, an increase of 7. 14 per cent, with a total market value of approximately $5. 410 billion。




