Wrigley Home announced on November 12 that Xie Yuerong, the company's actual controller, chairman and general manager, added judicial freezing of shares and pending freezing. The reason for the freeze was an arbitration dispute arising from his personal provision of joint and several liability guarantees for Xi'an real estate projects. The debt is not a debt of a listed company. According to the announcement, 66,125,800 additional shares were judicially frozen, accounting for 23.09% of the shares held by Xie Yuerong, accounting for 6.85% of the company's total share capital. The freezing period is from November 9, 2026 to November 8, 2029. The enforcement court is the Shenzhen Nanshan District People's Court; 52,226 million additional shares are pending freezing at the same time, accounting for 5.41% of the company's total share capital. As of the announcement, all of Xie Yuerong's direct shareholding totaling 208 million shares have been judicially frozen, accounting for 21.54 percent of the company's total share capital, while 52,226 million shares are awaiting freezing.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.