25 new bank accounts under the name of Waterma and its subsidiaries are frozen

Jianruiwoneng was announced on the evening of May 8: Recently, the company was informed by bank and self-verification that the 25 new bank accounts of wholly-owned subsidiary Shenzhen Waterma Battery Co., Ltd. (hereinafter referred to as “Wotma”) and its subsidiaries were frozen by the Shenzhen Longgang District People's Court, etc. The amount involved in the freeze was 617,700 Yuan.

The company announced on April 2 that a total of 13 bank accounts under the name of the company and its subsidiary, Waterma, were frozen by the Wuhan Intermediate People's Court of Hubei Province, involving an amount of RMB 62,542,200. On April 13th, it was announced that eight new bank accounts under the name of Wattma, a wholly-owned subsidiary of the company, were frozen by the Shenzhen Longgang District People's Court and the amount involved was 782,700 Yuan.

The announcement shows that the reason for the freezing was that the company’s subsidiary, Waterma, had a civil dispute due to the inability to repay the loan due to the debt due, and the creditor’s right to apply for the application of the Longgang District People’s Court in Shenzhen and the Pingshan District People’s Court in Shenzhen Wattma account deposit.

According to the company, the frozen bank account of the company and its subsidiary, involves the company and Watmar's daily business accounts, which will have a certain impact on the company's daily operations with Waterma. At present, the company and Watmarma operate through other ordinary households.

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