JINCHEN MACHINERY(SH:603396) Xin Lang Cai Jing·2026-01-30 21:51Core Viewpoint - The company, Yingkou Jincheng Machinery Co., Ltd., has experienced a partial lifting of the freeze on its bank accounts following a settlement agreement with Suzhou Zhihui Valley Laser Intelligent Equipment Co., Ltd. regarding a sales contract dispute [2][3]. Group 1: Legal Proceedings and Account Freezing - The company received multiple civil rulings from courts in Jiangsu and Liaoning provinces regarding the freezing of its bank accounts due to a dispute with Suzhou Zhihui Valley [2][3]. - The applicant, Suzhou Zhihui Valley, has withdrawn its arbitration request, leading to the release of some funds from the company's frozen accounts [3]. - The company has settled the dispute by agreeing to pay a reduced amount of RMB 3,777,760.00 to Suzhou Zhihui Valley, instead of the initially frozen amount of RMB 6,057,984.00 [3]. Group 2: Financial Impact and Current Status - As of the announcement date, a total of RMB 24,385,840.81 remains frozen in the company's bank accounts due to an ongoing court ruling [4]. - The lifting of the freeze on part of the funds is expected to facilitate normal financial operations and management for the company [7]. - The company is committed to monitoring the situation closely and will take necessary actions to resolve the remaining frozen funds [7].