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Yunnan Jinggu Forestry subsidiary hit by asset freeze

August 14, 2025 at 05:12 AM UTCBy FilingReader AI

Yunnan Jinggu Forestry's subsidiary Huanyin Wood faces new asset freezing orders worth RMB 4 million from Zhengding County People's Court over a private lending dispute.

Total frozen assets now reach RMB 70.9 million across seven lawsuits. The company also reported a RMB 19 million inventory shortfall linked to former controller Wang Lancun, prompting a police report.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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