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Beijing Oriental Jicheng: major shareholder's frozen shares unfrozen

September 18, 2025 at 05:21 PM UTCBy FilingReader AI

Beijing Oriental Jicheng Co., Ltd. announced that 39,565,238 shares held by its shareholder, Wanli Jincheng Venture Capital Co., Ltd., have been unfrozen. This block of shares represents 13.21% of the company's total share capital. Of the unfrozen shares, 32,803,687 were previously restricted shares, while 6,761,551 were unrestricted.

The judicial freeze was lifted between March 18, 2025, and September 17, 2025, following an application from the Hongshan District Supervisory Committee of Wuhan City. These shares are related to a major asset restructuring performance commitment where compensation obligations have not yet been fulfilled.

As of the disclosure date, Wanli Jincheng Venture Capital Co., Ltd. now holds 39,565,238 shares, representing 13.21% of the company's total share capital, with zero shares currently under any freeze or marked status.

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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