Core Viewpoint - China Tianrui Cement (1252.HK) experienced a significant intraday increase of over 11%, reaching HKD 0.29, following the announcement regarding the lifting of a share freeze on its controlling shareholders [1] Group 1: Shareholder Developments - The controlling shareholder, Yu Kuo, informed that the share freeze order issued by the People's Court of Shenzhen Qianhai Cooperation Zone has been immediately lifted [1] - The frozen shares were held by Chairman and Non-Executive Director Li Liufa and Executive Director Li Fengluan, representing 70% and 30% of the shares, respectively, amounting to RMB 1.4 billion and RMB 600 million [1] Group 2: Previous Share Freeze - On July 21, China Tianrui Cement announced it received an execution assistance notice from the People's Court of Shenzhen Qianhai Cooperation Zone, indicating that the shares held by Li Liufa and Li Fengluan were frozen for a period of three years, until July 9, 2028 [1] - During the freeze period, the shares of Tianrui Group could not be transferred or pledged, and the group was prohibited from distributing any dividends or bonuses to Li Liufa and Li Fengluan [1]
中国天瑞水泥逆势涨超11%，天瑞集团股本冻结令已获裁定即时解除