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The jenks' application for pre-litigation property preservation has been approved by the court

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The 36% stake of fujian zhanhua intelligent technology co., LTD., a subsidiary of Beijing bitmainland technology co., LTD., will be frozen for two years

Block rhythm BlockBeats news, according to China's judicial documents published online "ZhanKeTuan technology co., LTD., Beijing bit mainland due to apply for property preservation before litigation damages liability disputes other civil verdict", according to mainland bit co-founder ZhanKeTuan on December 9, 2019, apply to the court for property preservation before litigation, request to freeze the respondent Beijing technology co., LTD in fujian cham bit mainland China intelligent technology co., LTD. 36% stake in the share. After examination by the people's court of changle district, fuzhou city, fujian province, the property preservation application of the applicant, zhan ketuan, conforms to the legal provisions and may be granted. The respondent's 36% equity share of fujian zhanhua intelligent technology co., ltd. held by Beijing bitmainland technology co., ltd. is frozen for two years (equivalent to RMB 3600000).

According to the public information, fujian zhanhua intelligent technology co., ltd. is a wholly-owned subsidiary of bitmainland, with zhan ketuan as the legal representative, and the main members are zhan ketuan and wu jihan. The business scope includes the design, development and sales of integrated circuit chips and semiconductor products, and the provision of relevant technology development, technical consulting and technical services; Sales and after-sales service of electronic products and basic software; Maintenance of electronic products; Sales of communications equipment; Import and export of all kinds of commodities and technologies on its own or on its own behalf, with the exception of commodities and technologies whose import and export are restricted or prohibited by the state; Mechanical equipment, electronic products rental services. (for projects that need to be approved according to law, business activities can be carried out only after being approved by relevant departments).