Workflow
同德化工约2621万元资金因合同纠纷被冻结

Core Viewpoint - The company, Tongde Chemical, announced that approximately 26.21 million yuan of its funds have been frozen by the Shanghai Huangpu District People's Court due to contractual disputes with several leasing companies [1] Financial Impact - The frozen funds represent 1.31% of the company's audited net assets as of the end of 2024 [1] - The company stated that the amount frozen is relatively low compared to its overall assets and will not significantly impact its daily operations [1] Company Response - Tongde Chemical is actively negotiating to reach a settlement in order to restore the frozen bank accounts to normal status as soon as possible [1]