HIKING(SH:600735) Zheng Quan Zhi Xing·2025-09-05 11:24Core Viewpoint - The announcement details the judicial freezing and marking of shares held by the controlling shareholder, Shandong Lujin Import and Export Group Co., Ltd., which affects 100% of its shares in Shandong Xinhua Jin International Co., Ltd. [1] Group 1: Shareholding and Judicial Actions - Shandong Lujin Import and Export Group holds 185,532,352 shares, accounting for 43.27% of the total shares of the company. Of these, 612,352 shares are frozen, and 184,920,000 shares are marked, totaling 100% of its holdings [1]. - The combined shareholding of Lujin Group and its concerted actions amounts to 185,596,152 shares, representing 43.28% of the total shares, with the same judicial actions affecting 99.97% of their holdings [1]. Group 2: Details of Judicial Freezing and Marking - The judicial freezing and marking were initiated on September 4, 2025, due to a loan contract dispute involving Shandong Hengsheng Private Fund Management Co., Ltd., with a claim amount of 75 million yuan [1]. - The breakdown of the frozen and marked shares includes 612,352 shares (0.33% of total shares) frozen and 184,920,000 shares (99.67% of total shares) marked, both set to expire on September 3, 2026 [1]. Group 3: Financial Implications and Company Operations - The total non-operating fund occupation by the group and its related parties amounts to 406 million yuan [1]. - The company states that the judicial actions will not significantly impact its production, operations, or governance, and all business activities are currently running normally [1].