Transcend Technology: Controlling shareholder Gao Zhijiang releases 22.60% of the shares judicially frozen.

According to the announcement by Chao Yue Technology, Mr. Gao Zhijiang, the controlling shareholder and actual controller of the company, has released 6.2 million shares of the company from judicial freeze, accounting for 22.60% of his shareholding and 6.58% of the total share capital of the company. The starting date of the release of the frozen shares is August 6, 2024, and the release date is December 15, 2025. The applicant for the freeze was the He County Supervision Commission.