One of the controlling shareholders of Lianlian Digital (02598), Lv Zhonglin, had about 72.116 million non-listed shares frozen by the court.

Zhtng Cijng APP News, Lianlian Digital (02598) announced that the company recently learned that Mr. Lv Zhonglin, one of the company's controlling shareholders, had an additional 72,115,995 shares of non-listed shares (accounting for approximately 6.68% of the total number of issued shares of the company) frozen. The freeze was carried out by the Xihu District People's Court of Hangzhou. The freeze will last until April 27, 2028. Non-listed shares cannot be traded in the Hong Kong secondary market and are not part of the share repurchase program announced by the company on April 1, 2025.