ST Changyuan announced that the 106 million shares held by Wu Qiquan, a shareholder holding more than 5% of the shares, were judicially frozen, accounting for 100% of its shareholding ratio and 8.02% of the total share capital. The freeze starts on December 29, 2025, and expires on December 28, 2028. The applicant for the freeze is the People's Court of Longhua District, Shenzhen, Guangdong Province. Wu Qiquan is not the controlling shareholder or actual controller of the company, and the freezing of his shares had no direct impact on the company's production and operation.

ST Changyuan announced that the 106 million shares held by Wu Qiquan, a shareholder holding more than 5% of the shares, were judicially frozen, accounting for 100% of its shareholding ratio and 8.02% of the total share capital. The freeze starts on December 29, 2025, and expires on December 28, 2028. The applicant for the freeze is the People's Court of Longhua District, Shenzhen, Guangdong Province. Wu Qiquan is not the controlling shareholder or actual controller of the company, and the freezing of his shares had no direct impact on the company's production and operation.