Beijing Xunzhong Faces Bank Account Freeze Amid Ongoing Litigation
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Beijing Xunzhong Communication Technology Co. Ltd. is involved in litigation with Beijing Yakang and Beijing Yunxi, leading to a freeze of RMB7.36 million in its bank account by the Beijing Daxing District People’s Court. The company claims this will not materially impact its operations and is working to lift the freeze. Shareholders and investors are advised to exercise caution. The news was generated by Public Technologies using AI and is for informational purposes only.
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