ST Ruihe: After the controlling shareholder's shares were unfrozen, they were frozen again by the judicial system.
ST Ruihe announced on June 2 that the 76,305,925 shares held by controlling shareholder Li Jieping have been unfrozen due to the expiration of the term. On the same day, they were again judicially frozen, with 76,305,900 shares frozen by the People's Court of Futian District, Shenzhen, and 25 shares frozen by the Intermediate People's Court of Shenzhen. As of the disclosure date of the announcement, the controlling shareholder and its concerted action parties have a total of 134,856,000 shares judicially frozen, accounting for 89.86% of their total shareholding and 35.72% of the company's total share capital. Currently, this does not affect control, but if not properly resolved, it may affect control stability.
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