pennslammer3replacementhandle| Zhejiang Shanghai-Hangzhou-Ningbo: Zheshang Securities plans to participate in the auction of Guohua Energy's stake in Guodu Securities

Zhejiang Shanghai-Hangzhou-Ningbo (00576) announcedpennslammer3replacementhandle, on May 7, 2024pennslammer3replacementhandle, Zheshang Securities (601878pennslammer3replacementhandle.SH) Agree to the company's participation in Guohua Energy Investment Co., Ltd.'s approximately 4 percent stake in Guodu Securities Co., Ltd.pennslammer3replacementhandle48.5 billion shares (corresponding to 7.6933% of the shares of Guodu Securities), and authorizes the company's chairman to make decisions and handle matters related to this auction within the scope authorized by the board of directors, including but not limited to formulating auction strategies, deciding auction quotations, and handling relevant procedures.