ASIA CUANON(SH:603378) Zheng Quan Zhi Xing·2025-09-04 08:16Core Viewpoint - The announcement details the judicial freezing of shares held by a significant shareholder of Asia Creative Technology (Shanghai) Co., Ltd., which may impact the company's governance and investor sentiment [1][2][3]. Group 1: Shareholder Information - The controlling shareholder, Shanghai Chuangnengming Investment Co., Ltd. (Chuangnengming), has a significant action partner, Shanghai Runhetangze Investment Co., Ltd. (Runhetangze), which holds 37,845,000 shares, accounting for 8.83% of the total share capital [1][2]. - The total shares held by Chuangnengming, its actual controller Li Jinchong, and their action partners amount to 228,068,266 shares, with 200,942,775 shares frozen, representing 88.11% of their holdings and 46.88% of the company's total share capital [1][2]. Group 2: Judicial Freezing Details - The shares of Runhetangze were frozen due to a loan dispute with Wuhan Iron Investment Small Loan Co., Ltd., where Runhetangze provided a guarantee for a loan of 30 million yuan [3]. - The frozen shares represent 100% of Runhetangze's holdings and 8.83% of the company's total share capital, with the freezing effective from September 1, 2025, to August 28, 2028 [2][3]. Group 3: Legal Context - The loan in question was due to a breach of contract, leading to the court's decision to freeze the shares [3]. - In the past year, there have been no downgrades in credit ratings for the controlling shareholder and its action partners, aside from the ongoing loan dispute with Iron Investment [3][4].