Eternal Joy Technology: 58.65 million shares held by the controlling shareholder have been temporarily frozen.

date
15/06/2026
Yongyue Technology announced that 58.6595 million shares held by the company's controlling shareholder, Jiangsu Huaying, have been temporarily frozen by the Intermediate People's Court of Yancheng City, Jiangsu Province, accounting for 100% of the company's shares held by Jiangsu Huaying and 16.32% of the company's total share capital. As of the disclosure date of the announcement, a total of 29.1595 million shares held by Jiangsu Huaying have been frozen, accounting for 49.71% of the company's shares held by Jiangsu Huaying and 8.11% of the company's total share capital. The temporary freeze is due to a loan dispute, but the company's daily operations and production are normal, and the controlling shareholder is actively raising funds to deal with the situation.