XunZhong's bank account has added 4.665 million RMB frozen
XunZhong Communication (02597.HK) stated that as of June 20, RMB 7.36 million in its basic bank account has been frozen in relation to the lawsuit with Beijing Yakang and Beijing Yunxi.
The company indicated that during a recent inquiry into the status of its bank accounts, it found that the frozen funds in the basic bank account had increased by approximately RMB 4.45 million, and about RMB 214,600 in another general bank account had also been frozen.
The freezing of funds in these bank accounts will not have a significant impact on the company's business, financial condition, or operations. The company will actively respond and seek to lift the freeze on the funds in these bank accounts as soon as possible
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