Weiye Co., Ltd.: 45 bank accounts frozen, with a total frozen amount of 295 million yuan.

date
14/08/2026
Weiye Co., Ltd. announced that as of the announcement date, due to a contract dispute regarding engineering payment settlements and the Lijiang Heyue case, 45 bank accounts of the company and its subsidiaries have been frozen, with a total frozen amount of 359 million yuan. After excluding duplicate freezes and amounts that have been paid but are pending unfreezing, the actual frozen amount is 295 million yuan. The frozen accounts are subject to limited preservation measures and have not been fully frozen. The company has filed objections and requests for retrial regarding the Lijiang Heyue case. The freezes have not materially impacted the main business operations, and the company will actively negotiate for unfreezing.