Shiyao Jingfeng announced that 2.5 million shares held by Ye Xiangwu, a shareholder with more than 5 percent stake, will undergo a second judicial auction from September 3 to September 6, 2026. These shares account for 2.88 percent of Ye Xiangwu's holdings and 0.14 percent of the company's total share capital. As of the announcement date, the cumulative number of Ye Xiangwu's shares subject to auction is 2.5 million, representing 2.88 percent of his holdings and 0.14 percent of the company's total share capital. In the first quarter of 2026, Shiyao Jingfeng recorded revenue of 108 million yuan and net profit attributable to the parent company of 3.67 million yuan.
Hunan Jingfeng PharmaceuticalShareholder's shares face second judicial auction, indicating financial distress and potential overhang.
