Core Viewpoint - The company, Dianchi Water (03768.HK), has received a court order from the Xishan District People's Court in Kunming, Yunnan Province, regarding the freezing of shares held by its controlling shareholder, Kunming Dianchi Investment Co., Ltd. [1] Summary by Relevant Sections - Court Order and Share Freezing The Xishan District People's Court issued a notice to assist in the execution of a mediation agreement dispute involving Kunming Dianchi Investment. As a result, 43.4248% of the company's shares held by Kunming Dianchi Investment are to be frozen for a period of three years due to non-compliance with the court's ruling [1]. - Impact on Company Operations The company maintains that it operates independently from Kunming Dianchi Investment in terms of assets, business, and finances. The freezing of shares will not affect the company's normal operations or have a significant impact on its main business and ongoing viability. As of the date of the announcement, the company's operations remain normal [1].
滇池水务(03768.HK):公司控股股东昆明滇池投资所持有的公司股份被冻结