Qujiang Cultural Tourism's controlling shareholder to have 3 million shares judicially auctioned

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Qujiang Cultural Tourism announced that 3 million company shares held by its controlling shareholder, Xi'an Qujiang Tourism Investment Group, will be judicially auctioned from September 7 to September 8, 2026, accounting for 4.52% of its holdings and 1.18% of the company's total share capital. The shares are currently frozen. The auction stems from a contract dispute with Zhejiang Zheyin Financial Leasing. In the first quarter of 2026, Qujiang Cultural Tourism reported revenue of 224 million yuan and a net loss attributable to the parent company of 14.42 million yuan.

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浙江浙银金融租赁股份有限公司Private▼ Negative
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The judicial auction of shares stems from a contract dispute with Zhejiang Zheyin Financial Leasing, indicating a legal conflict that may affect the leasing company's recovery of funds.

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