Core Viewpoint - The company has announced that part of its bank account funds has been frozen due to a legal dispute involving a creditor's rights case with Qinhuangdao Xinda Asset Information Co., Ltd. [1] Summary by Sections Frozen Funds Situation - The total amount of frozen funds is RMB 522.43 million, distributed across various bank accounts, including: - Everbright Bank: RMB 503.49 million - Citic Bank: RMB 13.81 million - Bank of China: RMB 4.87 million - Industrial and Commercial Bank: RMB 0.19 million - China Construction Bank: RMB 0.08 million [2] Reason for Frozen Funds - The dispute originates from a loan of RMB 2.5 million taken by Shijiazhuang Crown Bag Co., Ltd. in 1999, which was guaranteed by Hebei Longhai Metallurgy Co., Ltd. The loan went unpaid, leading to a court ruling in 2004 that required repayment, which has not been fulfilled. The creditor's rights have since been transferred to Xinda Company [3][4]. Legal Proceedings - The first instance ruling by Xinhua District Court in November 2024 ordered the company and two other entities to bear the costs associated with the case, totaling RMB 48,753.61 for litigation fees and RMB 400 for announcement fees. The company appealed this decision, but the appeal was rejected [3]. - The company has applied for a retrial at the Hebei High Court, which has accepted the application and is currently under review [4]. Impact on the Company - The frozen funds represent 6.84% of the company's audited net assets as of December 31, 2024, and 9.62% of the unaudited cash balance as of March 31, 2025. However, the company believes that this situation will not significantly impact its operational activities [4].

Core Points - Zhang Han, a Chinese actor, singer, and producer, is involved in multiple legal disputes recently [1] - A recent report indicates that a company named Zhejiang Dongyang Yihai Tianying Co., Ltd. has frozen Zhang Han's shares amounting to 1.65 million RMB for a period of three years [1] - The company was established in April 2016, with a registered capital of 10 million RMB, and its business scope includes digital technology services for film and television, event planning, and artist management [1] Company Information - Zhejiang Dongyang Yihai Tianying Co., Ltd. is co-owned by Zhang Han (99%) and Zhang Wenge (1%) [1] - The company operates in the entertainment industry, focusing on film and television production and related services [1] Legal Issues - Zhang Han and his associated studio have faced multiple lawsuits related to contract disputes, including construction and service contracts [1] - The recent share freeze is part of ongoing legal challenges faced by Zhang Han [1]

Core Points - A U.S. District Court judge has ordered Apple to resolve its dispute with Epic Games regarding the return of Fortnite to the iOS platform, or Apple executives must appear in court by May 27 [1] - The judge emphasized that Apple has the capability to resolve the issue without further submissions or hearings [1] - Epic Games recently submitted a request to relist Fortnite, which Apple rejected, leading to Epic's motion to enforce a prior court order [1] Group 1 - The ongoing legal battle between Apple and Epic Games dates back to 2020 when Apple removed Fortnite from the App Store for using unauthorized direct payment methods [1] - Despite Apple's initial victory in the lawsuit, the court mandated limited modifications to Apple's external link policy under California law [2] - Following the court's ruling, other applications like Spotify and Kindle have been allowed to resubmit their apps with options for external purchases, while the outcome of the new dispute between Epic and Apple remains uncertain [2]