Jinbei's 69.9 million shares in BMW Brilliance were frozen

According to the news on January 17th, the Tianyancha App shows that recently BMW Brilliance Automobile Co., Ltd. added information on equity freeze. The amount of the frozen equity is about 69.9076 million RMB. The person to be executed is Shenyang Jinbei Automobile Industry Holdings Co., Ltd., and the freezing period is from January 13th, 2022 to January 12th, 2025.

According to news on January 13th, Brilliance China announced on the Hong Kong Stock Exchange on the evening of January 12th that on January 12th, 2022, the reorganization application of Brilliance Renault Jinbei Automobile Co., Ltd., a subsidiary of the company, has been accepted by the Shenyang Intermediate People's Court. According to the court order, the liquidation team of Brilliance Renault Jinbei Automobile Co., Ltd., led by Gao Wei, director of the Comprehensive Regulations Division of the Liaoning SASAC, has been appointed by the Shenyang Intermediate People's Court as the administrator for the reorganization.

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