Baoneng Real Estate's 1.68 billion shares were frozen.

Tianyancha App shows that Zhongshan Langjin Investment Co., Ltd. has added a new equity freeze information, with Baoneng Real Estate Co., Ltd. as the judgment debtor, with a frozen equity amount of over 1.68 billion yuan, with a freeze period of 3 years, and the executing court being the Shenzhen Intermediate People's Court of Guangdong Province. Zhongshan Langjin Investment Co., Ltd. was established in June 2015, with Bian Feng as its legal representative, and registered capital of approximately 4.08 billion RMB. Its business scope includes investing in and operating industries, managing non-publicly raised funds in trust, equity investments, etc., with Baoneng Real Estate Co., Ltd. and Shenzhen Shenye Logistics Group Co., Ltd. as joint shareholders.