The controlling shareholder of ASIA CUANON has 37.845 million shares judicially frozen

Zhitong
2025.09.04 07:55

Recently, ASIA CUANON Technology Co., Ltd. announced that 37,845,000 shares of the company held by its controlling shareholder Shanghai Chuangnengming Investment Co., Ltd.'s concerted actor Shanghai Runhe Tongze Investment Co., Ltd. have been judicially frozen. The freezing period is from September 1, 2025, to August 28, 2028, with the applicant for the freeze being Wuhan Jiangxia District Tietou Microfinance Co., Ltd. As of the announcement date, the controlling shareholder, actual controller, and their concerted actors have a total of 200,942,775 shares frozen, accounting for 88.11% of their holdings and 46.88% of the company's total share capital. This freeze was triggered by a loan default by Runhe Tongze. Currently, this matter will not lead to a change in the company's control and does not affect the company's production and operations. The company will continue to disclose progress

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