Lianchuang Optoelectronics announced that Jiangxi Electronics Group Co., Ltd., the controlling shareholder of the company, holds 86.7815 million shares of the company, accounting for 19.25% of the company's total share capital. Recently, 142 million additional shares of the company held by Electronics Group are pending freezing, accounting for 163.98% of its shares and 31.56% of the company's total share capital. The applicant for the freeze is the Honggutan District People's Court of Nanchang City. As of the disclosure date of the announcement, a total of 71.1507 million company shares held by Electronics Group had been frozen, accounting for 81.99% of its shares and 15.78% of the company's total share capital; a total of 336 million shares were pending freezing, accounting for 387.59% of its shares and 74.60% of the company's total share capital. Currently, the freeze will not have a significant impact on the company's control rights, if not properly resolved or affect the stability of the company's control rights.

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