Xinxin Integrated: 466 million shares of the controlling shareholder's shares have been released from judicial freeze

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Jinshi data November 15 news, Xinxin Integrated announced that the 466 million shares held by the controlling shareholder Xinxin Group were frozen due to a 100 million yuan contract dispute, and the judicial freeze was lifted on November 13, 2024. As of the date of the announcement, Xinxin Group and its concerted parties held a total of 1.415 billion shares of Xinxin Integrated, accounting for 24.19% of the company’s total share capital. The cumulative frozen shares held by Xinxin Group and its concerted parties were 0 shares, accounting for 0% of its holdings and 0% of the company’s total share capital. The freezing and lifting of the shares of the company’s controlling shareholder will not cause a change in the actual control of the company, nor will it have a significant impact on the company’s production and operation.

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