5I5J Holding Group: Actual controller's shares frozen

5I5J Holding Group (SZSE:000560) announced that Xie Yong, the company's actual controller, had 130,000,000 of his shares frozen by the Shanghai Pudong New Area People's Court. These shares account for 100% of his holdings and 5.52% of the company's total share capital. Of the frozen shares, 97,500,000 are restricted shares. As of the announcement, the cumulative number of shares frozen under Xie Yong is 130,000,000 or 24.03% of his holdings.