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*St Gaosheng (000971): Shares Held By Landing Industry Will Be Auctioned
Glonghui announced on July 8 * ST Gaosheng (000971. SZ) that the company today received the notice letter of No. 002 (2020) issued by the bankruptcy administrator of landing industry (Hubei) Co., Ltd. ("landing industry"), and according to the notice letter of the administrator, the second creditors' meeting of landing Industrial (Hubei) Co., Ltd The company's proposal on bankruptcy liquidation and asset disposal was applied by the pledgee and approved by the Xiantao court. The manager will conduct the first public auction of about 90.1786 million shares (8.55% of the company's total share capital) held by landing industry.
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