Quanzhu Co., Ltd. Joint Actor Controlling Shareholder's 95% Property Share Subject to Judicial Freeze; Company States Operations Unaffected

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Shanghai Quanzhu Holdings Group Co., Ltd. (Stock Code: 603030, Stock Abbreviation: Quanzhu Shares) announced on March 13 that the controlling shareholder of the company, Yiyou KeRong (Beijing) Technology Center (Limited Partnership) (referred to as “Dayou Technology”), has 95% of its assets frozen by judicial authorities. The freezing period is three years.

The announcement shows that Dayou Technology is a shareholder holding more than 5% of Quanzhu Shares, and Dayou KeRong, as the controlling shareholder of Dayou Technology, indirectly holds more than 5% of Quanzhu Shares. The asset freeze stems from a contractual dispute involving Dayou KeRong [Court case number (2025) Jing 0108 Minchu 65834], in which the Beijing Haidian District People’s Court, based on relevant civil rulings, has judicially frozen 95% of Dayou Technology’s assets. The freeze is from February 10, 2026, to February 9, 2029.

In response to this freeze, Quanzhu Shares issued a risk warning in the announcement:

  • The freeze of assets does not result in a change of control of Dayou Technology and will not adversely affect its daily operations.
  • This matter is mainly due to a litigation dispute involving Dayou KeRong itself and is unrelated to the company. It will not have a significant adverse impact on the company’s daily operations or financial condition. Currently, the company’s business activities are normal.

The company stated it will continue to closely monitor the progress of this matter and will fulfill its information disclosure obligations in accordance with relevant laws and regulations in a timely manner. Investors are also reminded to invest rationally and be aware of investment risks.

Click to view the original announcement >>

Disclaimer: The market carries risks; investment should be cautious. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s views. Any information appearing in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for any discrepancies. If you have questions, contact biz@staff.sina.com.cn.

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Editor: Xiao Lang Kuai Bao

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