ST Baili's former controlling shareholder's remaining 28.55 million shares to be auctioned by court

读创财经··CN·Read original
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Summary · why it matters

The remaining 28.5572 million shares held by Tibet Xinhai Xin Venture Capital Co., Ltd., the former controlling shareholder of ST Baili, representing 5.82% of the company's total share capital, will be publicly auctioned on the JD.com judicial auction online platform of the Beijing Financial Court from September 15 to 16, 2026, with a starting price of approximately 86.16 million yuan. If this auction is successful and the transfer is completed, Xinhai Xin will no longer hold any shares in the company. Previously, Xinhai Xin had 40.0092 million shares, 48.0788 million shares, and 29.4692 million shares auctioned in September 2024, October 2025, and June 2026 respectively. Of these, the 29.4692 million shares completed transfer on July 8, 2026, reducing its shareholding ratio to 5.82%. The company's largest shareholder changed to Hunan Paile Technology Co., Ltd., holding 11.85%, and the company is now in a state of having no controlling shareholder and no actual controller. In addition, ST Baili has recently been entangled in litigation, with the cumulative amount of new lawsuits and arbitration cases involving the company and its controlling subsidiaries totaling 12.8652 million yuan. In the first quarter of 2026, ST Baili achieved revenue of 88.01 million yuan, a year-on-year decline of 72.33%, and a net loss attributable to the parent company of 47.75 million yuan, with the loss widening by 54.27% year-on-year.

Impact on assets 1

Others▼ · 1 stocks
Hunan Baili Engineering Sci
603959
▼ NegativeCapitalrelevance

Former controlling shareholder's remaining shares to be auctioned, company has no controlling shareholder, and Q1 revenue fell 72.33% with widened losses.

Off-coverage companies 2

西藏新海新创业投资有限公司Private▼ Negative
Capitalrelevance

Xinhai Xin's remaining 5.82% stake to be auctioned, and it will no longer hold shares after transfer.

湖南派勒科技有限公司Private± Mixed
Capitalrelevance

Hunan Paile Technology became largest shareholder with 11.85%, but company has no controlling shareholder or actual controller.

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