Yunnan Chengtou's Controlling Shareholder Unfreezes 560 Million Shares, 12.80% of Holdings Still Remain Frozen

Deep News09-22

On September 22, Yunnan Chengtou (600239) announced that some shares held by its controlling shareholder Yunnan Province Kanglv Holdings Group Co., Ltd. were released from judicial freezing on September 18, 2025.

The total number of shares released from freezing amounted to 560 million shares, including 13.1 million unrestricted tradable shares, 320 million shares released from judicial freezing and pledge, and 227 million shares released from judicial freezing. The unfrozen shares represent 89.29% of Kanglv Group's shareholdings and 34.87% of the company's total share capital.

Currently, Kanglv Group holds a total of 627 million shares in the company, accounting for 39.05% of the total share capital. After the release from freezing, 80.28 million shares remain frozen, representing 12.80% of Kanglv Group's holdings and 5.00% of the company's total share capital. This share unfreezing resulted from the judicial settlement of a real estate development and operation contract dispute between Kanglv Group and Yunnan Lancang River Industrial Co., Ltd.

In the first half of 2025, Yunnan Chengtou achieved revenue of 918 million yuan and a net loss attributable to shareholders of 37.72 million yuan.

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