GREE(SZ:000651) 21世纪经济报道·2025-06-16 14:12Core Viewpoint - Gree Titanium New Energy Co., Ltd. announced that its 100% equity stake in Zhuhai Guangtong Automobile Co., Ltd. has been frozen by the court due to actions taken by its predecessor's former actual controller, Wei Yincang, who improperly guaranteed a capital increase agreement without board approval [1][5]. Group 1 - The court's freezing of the equity amounts to 1.806 billion RMB, with the freeze effective from June 4, 2025, to June 3, 2028 [9][10]. - Gree Titanium is actively working with the court to resolve the case and will pursue legal responsibility against the relevant individuals [2][5]. - The company stated that its business operations remain normal and that the equity freeze will not have a significant impact on its production and operations [3][6]. Group 2 - Gree Titanium is a comprehensive new energy industry group involved in lithium battery core materials, battery production, electric motors, charging equipment, and new energy vehicle development [9]. - The company has made improvements in operational efficiency by adjusting production lines and optimizing order structures, which has enhanced product delivery speed and payment efficiency [12].