Lianchuang Optoelectronics: 81.99% of the controlling shareholder's shares have been judicially frozen and are subject to pending freezes.
Lianchuang Optoelectronics announced that the shares held by its controlling shareholder, Jiangxi Electronics Group Co., Ltd., have been judicially frozen and provisionally frozen. This time, an additional 42.31 million shares have been frozen, accounting for 48.76% of its held shares and 9.38% of the companys total share capital; the cumulative frozen shares amount to 71.15 million, accounting for 81.99% of its held shares and 15.78% of the companys total share capital. In addition, 33.04 million shares held by it have been provisionally frozen, accounting for 38.08% of its held shares and 7.33% of the companys total share capital.
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