ST Hangtu's actual controller Wang Yuxiang and concert party Zhang Yan have all their shares subjected to rotational freezing

Regulation
โดย 财中社·Read original
Summary · why it matters

ST Hangtu announced that shares held by actual controller Wang Yuxiang and his concert party Zhang Yan have been subjected to rotational freezing by the Beijing Haidian District People's Court. Wang Yuxiang had 7.55 million shares frozen, representing 100% of his holdings and 2.89% of the company's total share capital. Zhang Yan had 48.65 million shares frozen, representing 100% of her holdings and 18.62% of the company's total share capital. The combined frozen and rotationally frozen shares of the two individuals total 56.2 million shares, accounting for 90.19% of their combined holdings and 21.51% of the company's total share capital. This freeze relates to a contract dispute and is a litigation asset preservation measure between the two individuals and the relevant applicant. In the first quarter of 2026, ST Hangtu achieved revenue of 17.26 million yuan and a net loss attributable to the parent company of 108 million yuan.

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