Company shares held by the controlling shareholder and actual controller of Jiaotong Construction Co., Ltd. (603815.SH) have been judicially frozen, pending freezing, and judicially flagged

Zhitongcaijing · 1d ago

Zhitong Finance App News, Jiaotong Construction Co., Ltd. (603815.SH) announced that the company received a notice from the controlling shareholder, Xiangyuan Holdings, and Yu Faxiang, the actual controller, that the company's shares were judicially frozen, pending freeze, pledged, and judicially marked; specifically, Xiangyuan Holdings holds 274 million shares of the company, accounting for 44.32% of the company's total share capital. The number of shares of Xiangyuan Holdings judicially frozen was 45.243.29 million shares, accounting for 7.31% of the company's total share capital; 27.43 million shares were judicially frozen and pledged, accounting for 4.43% of the company's total share capital; the number of judicially flagged shares was 202 million shares, accounting for 32.58% of the company's total share capital; 274 million shares are pending freezing, accounting for 44.32% of the company's total share capital. Yu Faxiang, the actual controller, holds 157.291 million shares of the company. Yu Faxiang's shares were judicially frozen in the number of 157.291,000 shares, accounting for 2.54% of the company's total share capital.

The announcement stated that after the company's controlling shareholder linked to a certain platform related debt risk occurred, party committees, governments and relevant departments at all levels attached great importance to it and promptly carried out investigation and disposal work. In order to handle related risks in a safe and orderly manner and protect the legitimate rights and interests of investors, the Shaoxing Support Xiangyuan Holding Group working group officially entered Xiangyuan Holdings on December 12, 2025 to investigate the assets and liabilities of Xiangyuan Holdings according to law and regulations, urge Xiangyuan Holdings to fulfill its debt responsibilities in accordance with the law, and ensure the normal production and operation of Xiangyuan Holdings. The actual controllers and controlling shareholders of the company are currently actively and properly resolving the above related matters.