Core Viewpoint - The actual controller of Zhejiang Xiangyuan Cultural Tourism Co., Ltd., Mr. Yu Faxiang, has had 4,330,800 shares frozen, which represents 300% of his holdings and 0.41% of the company's total share capital [2]. Shareholding and Freezing Situation - As of the announcement date, the actual controller and the controlling shareholder, Xiangyuan Tourism Development Co., Ltd., along with its concerted action party, Anhui Xiangyuan Cultural Development Co., Ltd., collectively hold 612,433,915 shares, accounting for 58.08% of the company's total share capital [2]. - The total shares frozen for the actual controller, controlling shareholder, and their concerted action party amount to 612,433,915 shares, which is 100% of their combined holdings and 58.08% of the company's total share capital [2]. - The total shares under judicial freezing and pending freezing amount to 1,138,288,927 shares, representing 185.86% of their combined holdings and 107.94% of the company's total share capital [2][3]. - Additionally, 207,360,000 shares are under judicial pledge, which accounts for 33.86% of their combined holdings and 19.66% of the company's total share capital [2]. Impact on Company Governance - The freezing of shares is not expected to significantly impact the company's control, shareholding structure, or governance [3]. - However, the high percentage of shares frozen may pose risks to the stability of the company's control if these shares are subject to judicial disposal in the future [3][4]. Operational Status - The company's operations and business activities are reported to be functioning normally despite the share freezing situation [4]. - The company will continue to monitor the developments regarding the freezing of shares and will fulfill its information disclosure obligations as required by law [4].
浙江祥源文旅股份有限公司关于公司实际控制人股份被轮候冻结的公告