According to the CICA Security announcement, the funds in the bank account of CICA China, a wholly-owned subsidiary of the holding subsidiary ASIX Technology, were frozen, amounting to 151 million yuan, accounting for 8.71% of the company's most recent audited net assets. The reason for the freeze was that Beijing Shangyoulida Technology Co., Ltd. and ASIC China applied to the court for asset preservation before litigation due to a contractual dispute. As of the disclosure date of the announcement, the company had not received formal legal documents, and there were no major lawsuits or arbitration matters that should have been disclosed but not disclosed. This freeze will not have a significant impact on the company's daily production and operation. The company will continue to monitor progress and disclose it in a timely manner.

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