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Jiangxi Lian Chuang Optoelectronic Science and Technology Controlling Shareholder Gets Court Share Freeze Order

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A court in China placed the shares of Jiangxi Lian Chuang Optoelectronic Science and Technology (SHA:600363) controlling shareholder Jiangxi Provincial Electronics Group under a subsequent judicial freeze order, according to a Tuesday filing with the Shanghai bourse.

The People's Court of Honggutan District in Nanchang ordered the advanced freezing of 142.3 million shares or 31.56% of the listed company's total stock.

Jiangxi Provincial Electronics holds 86.8 million shares, or 19.25% of the LED chip maker's total share capital.

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