ST Lingnan announced that 20 million shares held by Yin Hongwei, a shareholder holding more than 5% of the shares, were judicially sold. The bidder Lu Chuang bid for 36.288,000 yuan, and the final transaction was subject to a court ruling. As of the announcement disclosure date, Yin Hongwei had sold 166 million shares, accounting for 79.77% of his shares and 9.11% of the company's total share capital. If the current and previously auctioned shares are transferred, Yin Hongwei's shareholding will drop to 101 million shares, accounting for 5.56%; the voting shares of the controlling shareholder and his co-actors will drop to 204 million shares, accounting for 11.18%, all affecting changes in equity.

ST Lingnan announced that 20 million shares held by Yin Hongwei, a shareholder holding more than 5% of the shares, were judicially sold. The bidder Lu Chuang bid for 36.288,000 yuan, and the final transaction was subject to a court ruling. As of the announcement disclosure date, Yin Hongwei had sold 166 million shares, accounting for 79.77% of his shares and 9.11% of the company's total share capital. If the current and previously auctioned shares are transferred, Yin Hongwei's shareholding will drop to 101 million shares, accounting for 5.56%; the voting shares of the controlling shareholder and his co-actors will drop to 204 million shares, accounting for 11.18%, all affecting changes in equity.