Tibet Summit Resources Co.Ltd(600338) on December 26, it was announced that the company, informed by the controlling shareholder Tacheng international and verified by Alibaba auction, Chengdu Intermediate People’s Court of Sichuan Province issued the auction announcement, which will publicly auction 42 million shares of the company held by Tacheng international on Taobao judicial auction network platform from 14:00 on January 24 to 14:00 on January 25 (except for automatic bidding delay), Accounting for 4.59% of the total share capital of the company.
The reason for this judicial disposal of shares is that in the case of pledge guarantee dispute between Tacheng international and Sichuan Trust Co., Ltd., the circulating shares of the above-mentioned companies held by Tacheng International were disposed according to the executive ruling of Chengdu Intermediate People’s court, Sichuan Province.
(China Securities Journal · China Securities Network)
