ST Xilinmen announced that 84.7997 million shares held by controlling shareholder Zhejiang Huayi Intelligent Manufacturing Co., Ltd. and 8.1070 million shares held by actual controller Chen Ayu were both subject to rotation freeze by the Yuecheng District People's Court of Shaoxing City on July 9, 2026, accounting for 23.03% and 2.20% of the company's total share capital respectively. The amount of claims involved in this rotation freeze is 133 million yuan. As of the disclosure date of the announcement, the cumulative frozen and rotation-frozen shares of the controlling shareholder and its concert parties total 133.9102 million shares, representing 100% of their total shareholdings and 36.36% of the company's total share capital.
Xilinmen Furniture Co LtdControlling shareholder and actual controller have all shares frozen due to court order, indicating severe financial distress.
As controlling shareholder, its entire shareholding is frozen due to a 133 million yuan claim, signaling financial trouble.