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Yijing Optoelectronics: 200 million shares held by the controlling shareholder will be auctioned off by the judiciary.
On May 26, Jin10 reported that Yijing Optoelectronics announced that 200 million unrestricted circulating shares held by its controlling shareholder Weizhi Energy will be judicially auctioned, accounting for 100% of the shares held by the controlling shareholder and 16.90% of the company’s total share capital. If this judicial auction is successful, Weizhi Energy will no longer hold any shares in the company, and the company’s controlling shareholder and actual controller will change.