The Alibaba judicial auction platform shows that Lida Heavy Industry’s approximately 246 million shares of equity in Handan Bank have entered the process of liquidation, with a liquidation price of 407 million yuan, calculated based on an evaluation price of 727 million yuan, which is close to a 60% discount. The platform information shows that there were no bids in the first and second auctions for this equity. The evaluation report shows that Lida Heavy Industry holds approximately 280 million shares of Handan Bank, accounting for 7.41% of the total shares, making it the fifth largest shareholder of the bank.
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The Alibaba judicial auction platform shows that Lida Heavy Industry’s approximately 246 million shares of equity in Handan Bank have entered the process of liquidation, with a liquidation price of 407 million yuan, calculated based on an evaluation price of 727 million yuan, which is close to a 60% discount. The platform information shows that there were no bids in the first and second auctions for this equity. The evaluation report shows that Lida Heavy Industry holds approximately 280 million shares of Handan Bank, accounting for 7.41% of the total shares, making it the fifth largest shareholder of the bank.