Hefei Construction: Performance Decline and Little Connection with Changxin Technology
ST WenTai announced that its controlling shareholder, Wen Tianxia, had all of its 154 million shares, representing 12.37% of the company's total share capital, judicially frozen. This freeze, effective from May 22, 2026, to May 21, 2029, stems from a contract dispute arbitration case between Wen Tianxia, its actual controller Zhang Xuezheng, and Jiang Zhaobai. Wen Tianxia stated that this action will not impact the company's normal operations or control. AI