Jiuyou Group: The controlling shareholder's 115 million shares continue to be frozen by the court.
Jiuyou Group announced that a portion of the shares held by its controlling shareholder, Xu Shanshui, continue to be judicially frozen, as American Yi Agricultural Development Co., Ltd. has requested to continue to preserve its assets. As of the date of the announcement, Xu Shanshui holds 2.15 billion shares of the company, accounting for 41.0508% of the total share capital. This time, 1.15 billion shares continue to be frozen, accounting for 53.2932% of his holdings and 21.8773% of the total share capital. Xu Shanshui's accumulated frozen shares amount to 1.29 billion, representing 60.1366% of his holdings and 24.6865% of the total share capital. The company's operations are currently normal, and this matter has not had a substantial impact.
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