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China Lai Co., Ltd. announced that Shanxi Zhonglai Solar Energy Battery Technology Co., Ltd., a wholly-owned subsidiary of the company, was applied for property preservation by the other party due to a construction contract dispute with the 11th Information Industry Electronics Design and Research Institute Technology Engineering Co., Ltd., and the court intended to freeze its bank deposit of 15 million yuan. As of the date of disclosure of the announcement, the actual amount frozen was 2.6013 million yuan. The case had not yet been tried in court. The actual amount frozen this time accounted for 0.13% of the company's net assets returned to the mother in 2025 and 0.17% of the monetary funds at the end of 2025, which is relatively small. It has not touched on the situation where major bank accounts have been frozen, and will not have a significant impact on the company's daily production and operation. The company is actively communicating and processing to lift the fund freeze as soon as possible.
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China Lai Co., Ltd. announced that Shanxi Zhonglai Solar Energy Battery Technology Co., Ltd., a wholly-owned subsidiary of the company, was applied for property preservation by the other party due to a construction contract dispute with the 11th Information Industry Electronics Design and Research Institute Technology Engineering Co., Ltd., and the court intended to freeze its bank deposit of 15 million yuan. As of the date of disclosure of the announcement, the actual amount frozen was 2.6013 million yuan. The case had not yet been tried in court. The actual amount frozen this time accounted for 0.13% of the company's net assets returned to the mother in 2025 and 0.17% of the monetary funds at the end of 2025, which is relatively small. It has not touched on the situation where major bank accounts have been frozen, and will not have a significant impact on the company's daily production and operation. The company is actively communicating and processing to lift the fund freeze as soon as possible.
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