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Auction Successful! New Progress on Second Judicial Auction of EGing Photovoltaic’s Controlling Shareholder Equity

On August 28, EGing Photovoltaic (600537) issued an announcement regarding the progress of the second judicial auction of the company’s shares held by its controlling shareholder. The announcement stated that, as of the date of this disclosure, the online auction phase of this judicial auction has concluded. The aforementioned 150,000,000 unrestricted tradable shares were evenly divided into three lots (auctioned simultaneously), all of which were successfully sold, with a total transaction value of RMB 459,340,000.00.

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