DCWT: Judicial Auction of 58.00 Million Shares Could Trim Controlling Shareholder’s Stake to 37.79%

Bulletin Express
05/26

Kunming Dianchi Water Treatment Co., Ltd. (DCWT) disclosed that the People’s Court of Sichuan Pilot Free Trade Zone has scheduled a judicial auction of 58.00 million DCWT domestic shares—equivalent to 5.64% of total share capital—held by controlling shareholder Kunming Dianchi Investment Co., Ltd.

The online auction will run from 15:00 on 15 June 2026 to 15:00 on 16 June 2026 via the JD.com Judicial Auction Platform (link: https://paimai.jd.com/310677442). The outcome remains uncertain as the process is currently in its public announcement phase and may be extended automatically if bidding continues.

As of the announcement date (26 May 2026), Kunming Dianchi Investment holds 446.89 million DCWT shares, representing 43.42% of the company’s total issued shares; all of these shares are under pledge or judicial freeze. Completion of the planned auction would cut the shareholder’s holding to 388.89 million shares, or 37.79% of the company’s equity.

The company will monitor developments and release further updates as necessary. Shareholders and investors are urged to exercise caution when dealing in DCWT securities.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10