---
title: "ST ZQGAME: Some bank accounts of wholly-owned subsidiaries have been frozen"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252625240.md"
description: "ST ZQGAME announced that one bank account of its wholly-owned subsidiary Shenzhen Baoteng Internet Technology Co., Ltd. has been frozen, with a frozen amount of RMB 2.0971 million, accounting for 0.52% of the company's most recent audited net assets. This incident has not caused any substantial impact on Baoteng Internet's capital turnover and daily operations. The reason for the freeze is a dispute over the power supply contract deposit, and the applicant for enforcement has applied to the court for property preservation"
datetime: "2025-08-12T08:25:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252625240.md)
  - [en](https://longbridge.com/en/news/252625240.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252625240.md)
generator: "portal-rs"
---

# ST ZQGAME: Some bank accounts of wholly-owned subsidiaries have been frozen

On the evening of August 12, ST ZQGAME announced that its wholly-owned subsidiary, Shenzhen Baoteng Internet Technology Co., Ltd., recently learned that some of its bank accounts have been frozen. The number of frozen bank accounts is 1, with a frozen amount of 2.0971 million yuan, accounting for 0.52% of the company's most recent audited net assets, and it has not caused substantial impact on Baoteng Internet's capital turnover and daily operations. After preliminary self-examination, it was understood that the freezing of funds in some bank accounts of Baoteng Internet was due to a dispute over the security deposit for the power supply contract, and the applicant has applied to the Longhua District Court of Shenzhen for property preservation during the litigation

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**