Xinhai Technology: The actual controller Lu Guojian's 670.1k shares are judicially frozen

Xinhai Technology Announcement: The company’s controlling shareholder and actual controller, Lu Guojian, has 670.1k shares (accounting for 1.68% of his total holdings and 0.47% of the company’s total share capital) frozen by judicial order, with the freezing period from January 13, 2026, to January 12, 2029. This freezing is due to a dispute involving Suqian Xinlian Zhihe Enterprise Management Consulting Partnership (Limited Partnership), and the measures are part of property preservation enforced by the Suqian Economic and Technological Development Zone People’s Court.

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