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The 130 million shares of Dehao Runda held by Wu Changjiang, the founder of NVC Lighting, will be auctioned by the court on February 13 to repay the debt. The auction platform is the auction of free fish by Ali. With the equity auction, Dehao Runda’s two shareholders will wait for the background, and a high-level battle will be staged. The 130 million shares of Dehao Runda held by Wu Changjiang, the founder of NVC Lighting, will be auctioned by the court on February 13 to repay the debt. The auction platform is the auction of free fish by Ali. With the equity auction, Dehao Runda’s two shareholders will wait for the background, and a high-level battle will be staged. The information on the 130 million-yuan online auction of free-fish auctions shows that Wu Changjiang’s 130 million shares of Dehao Runda’s restricted shares will be divided into two auction targets, priced at RMB 6 per share, with a starting price of 433 million yuan and 3.47 respectively. 100 million yuan, a total of 780 million yuan. It is understood that the participation of the above two auctions requires a prepayment guarantee of up to 21 million yuan and 17 million yuan respectively. If the photograph is not taken, the deposit will be fully confiscated. From the top ten shareholders of Dehao Runda's 2016 third quarterly report, Wu Changjiang's total of 130 million shares of restricted shares accounted for 9.31% of the total share capital of Dehao Runda. Taking these two shares will replace Wu Changjiang's second largest shareholder position of Dehao Runda; only one of them will be ranked among the top three shareholders. At the same time, this part of the equity can be lifted on June 17, 2017. From the auction page information, as of press time, the two equity auction targets have attracted more than 1.7 million people to watch, and more than 90 people set up auction reminders. According to the staff of the leisure fish auction, the bidder has not yet appeared. Involving such large-value targets, the bidder usually pays the deposit only 1-3 days before the auction. Zhou Dafu is behind the creditors In 2012, in order to fight against Softbank Saifu partners in the control of NVC lighting, Wu Changjiang introduced Wang Donglei, chairman of Dehao Runda. Dehao Runda first acquired 8.24% of the shares of NVC from the secondary market, and then purchased 11.81% of the shares from Wu Changjiang, holding a total of 20.05%, becoming the largest shareholder. Subsequently, in June 2014, Derun Haoda implemented a fixed-income plan. Wu Changjiang subscribed 130 million shares, accounting for 9.31% of the total share capital, becoming the second largest shareholder. On June 17, 2014, Wu Changjiang pledged all the 130 million shares of Dehao Runda held by him to Tibet Linzhi Huifu Investment Co., Ltd. and New World Strategy (Beijing) Investment Consulting Co., Ltd. due to funding needs. Subsequently, due to the loan dispute, Wu Changjiang’s 130 million shares of Dehao Runda were frozen by the Zhuhai Intermediate People’s Court of Guangdong Province. The freeze period was from September 18, 2014 to September 17, 2016. Tibet Linzhi Huifu Investment Co., Ltd. and New World Strategy (Beijing) Investment Consultant Co., Ltd. have two creditors. According to the industry and commerce information, the enterprise type of Tibet Linzhi Huifu Investment Co., Ltd. is a sole proprietorship, the legal representative is Zheng Yuyi, and the shareholder is a single shareholder, Guangzhou Xin Yufu Enterprise Management Consulting Co., Ltd. Guangzhou Xinyufu Enterprise Management Consulting Co., Ltd. is a sole proprietorship enterprise of Taiwan, Hong Kong and Macao. Its shareholder is Chow Tai Fook Enterprises Limited with a registered capital of USD 2 million. According to the industry and commerce information, New World Strategy (Beijing) Investment Consulting Co., Ltd. is a foreign-invested sole proprietorship. The shareholder is British Virgin Islands Yirong Co., Ltd., with a registered capital of 2.4 million US dollars and legal representative Chen Jing. On several recruitment websites, the profile of New World Strategy (Beijing) Investment Consulting Co., Ltd. indicates that it is the investment company of New World Development in the Mainland. The financial report shows that Chow Tai Fook Enterprises is a wholly-owned subsidiary of Chow Tai Fook Group, its controlling shareholder. At the same time, Chow Tai Fook Enterprises holds 43.95% equity of New World Development, holding New World Department Store, New World China Real Estate, and newly created. In addition, Chow Tai Fook Enterprises indirectly controls Lifestyle International. According to public information, the New World Department was founded by Hong Kong-based wealthmaker Cheng Yu-tung, and the Chow Tai Fook Group is also owned by it.