Hanbang Hi-Tech: Funds unfrozen in special account

Beijing Hanbang Hi-Tech Digital Technology Co., Ltd. (SZSE:300449) announced that RMB 630,200 in funds, previously frozen in a special account with China Industrial Bank, had been unfrozen and restored to normal use, marking the conclusion of related legal proceedings. The initial freezing, which totaled RMB 2,558,900 or 0.50% of the net amount of raised funds, arose from a labor dispute. The company states the unfreezing will have no significant impact on daily operations, as other funds within the special account remain accessible. Hanbang Hi-Tech will continue to pursue resolutions with relevant parties and take measures to protect the interests of the company and its investors.