ST Tianshan: The 53.8613 million shares held by the controlling shareholder will be publicly auctioned, which may lead to a change in the company's controlling interest.

ST Tianshan announced that the company's controlling shareholder, Huzhou Haohui Enterprise Management Consulting Co., Ltd. and Huzhou Zhongzhi Rongyun Investment Co., Ltd. released a bidding announcement on the JD Asset Trading Platform on July 18th, auctioning off 53,861,312 shares of the company's stock held by Huzhou Haohui and 76.49 million RMB of debt and related rights held by Huzhou Zhongzhi. If the auction is successful and the transfer registration is completed, Huzhou Haohui's shareholding will decrease from 22.11% to 4.90%. This share auction may result in a change in the company's controlling interest.