Fortress Investment Group's 320 million shares of Baoneng Real Estate have been frozen.

Tianyancha App shows that recently, Baoneng Real Estate Co., Ltd. has added information on a new equity freeze. The equity is held in Baohua Real Estate Co., Ltd., with a frozen equity amount of over 320 million yuan and a freeze period of 3 years. The executing court is the Futian District People's Court of Shenzhen. Baohua Real Estate Co., Ltd. was established in March 2014, with Sun Haijiang as the legal representative and registered capital of approximately 734 million RMB. Its business scope includes the development and construction of commercial service facilities. Shareholder information shows that the company is wholly owned by Baoneng Real Estate Co., Ltd.