According to the Qianjiang Biochemical announcement, the 8,012,511 restricted tradable shares held by Yunnan Water, a shareholder holding 5% or more of the company's shares, will be publicly auctioned on the Taobao Judicial Auction Network platform of the People's Court of Rongcheng District of Jieyang City from 10:00 to November 6, 2026, with a starting price of 28.9973 million yuan. This portion of the shares accounts for 4.85% of the company's shares held by Yunnan Water and 0.92% of the company's total share capital. The auction was judicially frozen due to a construction contract dispute. Yunnan Water is not the controlling shareholder or actual controller of the company. This auction will not lead to a change in the company's actual control rights, nor will it have a significant impact on the company's production, operation, and corporate governance. Currently, the auction is still in the publicity stage, and there is uncertainty about further progress.

According to the Qianjiang Biochemical announcement, the 8,012,511 restricted tradable shares held by Yunnan Water, a shareholder holding 5% or more of the company's shares, will be publicly auctioned on the Taobao Judicial Auction Network platform of the People's Court of Rongcheng District of Jieyang City from 10:00 to November 6, 2026, with a starting price of 28.9973 million yuan. This portion of the shares accounts for 4.85% of the company's shares held by Yunnan Water and 0.92% of the company's total share capital. The auction was judicially frozen due to a construction contract dispute. Yunnan Water is not the controlling shareholder or actual controller of the company. This auction will not lead to a change in the company's actual control rights, nor will it have a significant impact on the company's production, operation, and corporate governance. Currently, the auction is still in the publicity stage, and there is uncertainty about further progress.