Spearhead Integrated Marketing shareholder equity frozen
Spearhead Integrated Marketing Communication Group (SZSE:300071) announced that the shares of a shareholder holding more than 5% of the company's equity, Mr. Liu Wei, have been subject to a secondary (or "round robin") freeze. The freeze involves all 66,832,653 shares held by Mr. Liu, representing 6.93% of the company's total share capital and 100% of his holdings. The freeze was initiated by the Intermediate People's Court of Shenzhen and is effective for 36 months, beginning February 12, 2025. Spearhead clarified that Liu Wei is not the controlling shareholder, and the company does not expect any impact on its operations. The company said it will continue to monitor the situation and fulfill its disclosure obligations.
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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