000976SZSE

Announcement on the Judicial Freezing of Shares by the Controlling Shareholder

*ST Huatie Co., Ltd.··5 pages

✨ AI Summary

This announcement informs that the controlling shareholder, Zhao Ying Ruitong, has had 139,600,000 shares judicially frozen, representing 8.75% of the company's total shares. The total shares frozen for the controlling shareholder and its concerted parties amount to 400,787,061, or 25.12% of the total share capital. The company warns of potential risks related to control changes and urges investors to be cautious.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Special Risk Warning

  1. As of the date of this announcement, the controlling shareholder and its concerted parties hold a total of 400,787,061 shares, accounting for 25.12% of the company's total share capital. The total number of pledged shares by the controlling shareholder and its concerted parties is 399,840,000, which exceeds 80% of their holdings. The number of shares judicially frozen for the controlling shareholder Zhao Ying Ruitong is 139,600,000, while the total number of shares frozen for the controlling shareholder and its concerted parties, including Lhasa Taitong, is 400,787,061, accounting for 25.12% of the current total share capital. The high concentration of pledged shares held by the controlling shareholder and its concerted parties poses risks of forced liquidation, judicial freezing, judicial disposal, and forced transfer. If such situations occur, it may lead to a change in the company's control. The company will closely monitor the progress of related matters and fulfill its information disclosure obligations in strict accordance with relevant laws, regulations, and normative documents. Investors are advised to invest rationally and pay attention to risks.

Basic Situation of Shareholder Share Freezing

Guangdong Huatie Tongda High-speed Rail Equipment Co., Ltd. (hereinafter referred to as "the Company") recently received notification from its controlling shareholder, Qingdao Zhao Ying Ruitong Investment Partnership (Limited Partnership) (hereinafter referred to as "Zhao Ying Ruitong"), and its concerted party, Lhasa Economic and Technological Development Zone Taitong Investment Partnership (Limited Partnership) (hereinafter referred to as "Lhasa Taitong"), regarding the judicial freezing of shares held by Zhao Ying Ruitong. The relevant matters are announced as follows: The Company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.