Yunnan Jinggu subsidiary resolves 50m yuan asset freeze

Yunnan Jinggu Forestry's subsidiary Tangxian Huiyin Timber settled a civil lending dispute, unfreezing bank accounts and converting sealed inventory to "active seals."

The subsidiary can now sell products at market price with proceeds directed to designated accounts. The original asset value affected was approximately 50 million yuan, with about 800,000 yuan in frozen bank accounts.