On November 4, Hainanhaiyao Co.,Ltd. (000566) announced the conclusion of the second judicial auction for 124 million shares (92.86% of its holdings, 9.54% of the company's total shares) held by major shareholder Nanfang Tongzheng. Only 6.2089 million shares (0.48% of total shares) were successfully sold to Zhang Yu for 33.6507 million yuan, while the remaining 118 million shares went unsold.
Following the auction, Nanfang Tongzheng's stake in Hainanhaiyao Co.,Ltd. decreased to 127 million shares (9.80% of total shares).
In the first three quarters of 2025, Hainanhaiyao Co.,Ltd. reported revenue of 640 million yuan and a net loss attributable to shareholders of 242 million yuan.
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