Guofa Co., Ltd.: 3.4% of Company Shares Held by Major Shareholder to be Auctioned Judicially, Potentially Leading to Change in Actual Controller

MetaMuskRat · 2026-03-25T18:38:52+00:00

Guofa Co., Ltd. announced that major shareholder Zhu Rongjuan and concerted actors will have 17.84 million shares held by them judicially auctioned due to loan contract disputes, which may lead to changes in controlling shareholders and actual controllers. In recent years, the company has been involved in multiple enforcement cases due to debt issues.

MetaMuskRat

2026-03-25 18:38:52

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People’s Financial News, March 24 — Gofun Holdings (600538) announced on March 24 that due to a loan dispute case between the company’s major shareholder Zhu Rongjuan and her concerted action partner Peng Tao with Guangxi Meqiang Investment Co., Ltd., 17.84 million shares held by Zhu Rongjuan (accounting for 3.4% of the company’s total share capital) will be auctioned by the Nanning Qingxiu District Court from 10:00 a.m. on April 22 to 10:00 a.m. on April 23 (excluding delays). The company’s major shareholder and their concerted action partners currently have a high proportion of shares under judicial freeze, with numerous enforcement cases involving large amounts over the past year due to debt issues. If the 17.84 million shares are successfully auctioned and judicially transferred, the company’s controlling shareholder and actual controller may change.

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