Dezhan Health shareholder Chen Zhiwenlong's entire stake frozen

北京商报··CN·Read original
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Summary · why it matters

Dezhan Health disclosed that the entire stake held by shareholder Chen Zhiwenlong, who owns more than 5% of the company, has been frozen. The number of shares frozen this time is approximately 130 million, accounting for 100% of his holdings and 6.18% of the company's total share capital. The company stated that Chen Zhiwenlong is not a controlling shareholder or actual controller, and this freeze will not affect daily operations and management.

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Dezhan HealthCare Co Ltd
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Shareholder's entire stake frozen, indicating legal/regulatory issues that may pressure the stock.