Equity auction represents a form of equity transfer. It refers to the civil legal act where company shareholders lawfully transfer their shareholder rights to transferees through auction mechanisms, enabling the transferee to obtain equity. For equity types not regulated by the "Supreme People's Court's Provisions on Several Issues Concerning Freezing and Auctioning State-owned Shares and Social Legal Person Shares of Listed Companies" - including equity in limited liability companies, non-listed joint-stock companies, and listed company circulating shares - the execution should follow the "Supreme Court's Provisions on Auction and Disposal of Property". In civil enforcement procedures, people's courts prioritize auction as the primary method for price realization when disposing of sealed, seized, or frozen properties.
The Judicial Auction of Equity Data developed by CnOpenData comprises four distinct tables: Basic Equity Information Table, Bidding Information Record Table, Auction Announcement Table, and Subject Matter Information Table, providing robust data support for related research.
Time Coverage
April 2016 - March 2023
Data Scale
Field Display
Sample Data
Basic Equity Information Table
Bidding Information Record Table
Auction Announcement Table
Subject Matter Information Table
Relevant Literature
- Pan Yue, Ji Xiangge, Yang Lingling et al., 2023: "Online Judicial Auction and Credit Resource Supply", Journal of Financial Research, No. 11.
Data Update Frequency
Annual Updates