You can buy the equity in the auction, but when buying, you need to evaluate the value of the equity.

Equity refers to the rights of shareholders, which can be divided into broad and narrow meanings. Equity in a broad sense refers to the various rights that shareholders can claim from the company, while equity in a narrow sense refers only to the rights that shareholders enjoy based on their shareholder qualifications to obtain economic benefits from the company and participate in the company's operations and management. Equity refers to: the rights enjoyed by investors due to their investments in civil partnerships and corporate legal persons. When investing in a partnership organization, shareholders bear unlimited liability, and when investing in a legal person, shareholders bear limited liability. So although both are equity, there are still differences between the two.