[The 12 billion yuan equity held by Baoneng Group has been frozen] On October 9th, Tianyancha showed that recently, Yunnan Baoneng Hechuang Yongan Industrial Poverty Alleviation Investment Fund Partnership (Limited Partnership) added a piece of equity freezing information, and the person to be executed was Shenzhen Baoneng Investment Group Co., Ltd., the company where the equity is located is the fund, and the frozen equity amount is 12 billion yuan. The enforcement court is the Beijing Financial Court. The freezing period is three years, and the freezing date is from September 18, 2026 to September 17, 2029. The fund was established in March 2018. The executive partner is Hangzhou Xuanshi Asset Management Co., Ltd., with an investment of RMB 12.001 billion. Partner information shows that the fund is invested approximately 99.99% and approximately 0.01% by Shenzhen Baoneng Investment Group Co., Ltd. and Hangzhou Xuanshi Asset Management Co., Ltd. respectively, of which Shenzhen Baoneng Investment Group Co., Ltd. subscribes to a capital contribution of 12 billion yuan.