Beijing On-line Technology Co., Ltd.
Announcement on the Freezing of Part of the Company's Special Account for Raised Funds
The Company and its board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.
Recently, the finance department of Beijing On-line Technology Co., Ltd. (hereinafter referred to as the "Company") learned through bank account inquiries that a portion of the Company's special account for raised funds has been frozen by the Zhengzhou Airport Economy Zone People's Court in the amount of RMB 1,257,453.17. The relevant situation is hereby announced as follows:
I. Basic Situation of the Freezing of Part of the Special Account for Raised Funds