Telling Holding: 100 Million Shares of Tianfujin Fail to Sell at Auction

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Telling Holding announced that 100 million shares held by Tianfujin, a concert party of the controlling shareholder, failed to sell at auction due to no bids. These shares account for 34.00% of the total shares held by the controlling shareholder and its concert parties, and 9.80% of the company's total share capital. They are currently under judicial freeze. In the first quarter of 2026, Telling Holding achieved revenue of 29.216 billion yuan, with a net loss attributable to the parent company of 25.38 million yuan.

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Tianfujin's shares failed to sell at auction, reflecting lack of buyer interest and potential financial distress.

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