On April 21, Jinyuan announced that 18.9649 million shares held by Jinyuan Holding Group Co., Ltd., the controlling shareholder of the company, were judicially frozen, accounting for 8.18% of its shares and 2.44% of the company's total equity. The reason for freezing is judicial freezing, which is executed by the Lhasa Intermediate People's Court of Xizang Autonomous. This freeze has not yet had a significant impact on the company's production and operation, and will not lead to changes in the company's control rights.
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