Wu Changjiang held the stock market value of more than 1 billion frozen Elec-Tech

Today (30) released the company's second largest shareholder Wu Changjiang holdings were frozen news. As the second largest shareholder of BDO, Wu Changjiang holds 130 million shares of company stock. Yesterday (29) days to Elec-Tech closing price of 8.15 yuan / share calculation, the stock market value of up to 1 billion 60 million yuan.

Announcements, June 17, 2014, Wu Changjiang due to funding needs, which will hold 72 million 222 thousand and 200 of the shares of the company shares pledged to the Tibet Linzhi Fu investment company limited; 57 million 777 thousand and 800 shares pledged to the new world strategy (Beijing) Investment Advisory Co., total 130 million shares pledged shares.

Due to loan disputes, Tibet Linzhi HuiFu and new world strategy will be Wu Changjiang and Huizhou NVC Light Environment Engineering Co. Ltd., Shandong NVC Development Co. Ltd., Chongqing en Wei West Industrial Development Co. Ltd. and other units to court, request to freeze Wu Changjiang BDO Runda company. Subsequently, all the shares held by the company Wu Changjiang has been waiting for the Chongqing high people's Court judicial freeze, commissioned by the date of September 25, 2014, waiting for a period of 24 months.

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