$GLOBALSTRAT (08007.HK)$
This notice is issued by Global Strategy Group Limited (hereinafter referred to as “the Company”). It was carried out voluntarily by (collectively referred to as our group, including affiliated companies).
The Board of Directors of the Company (hereinafter referred to as the Board of Directors) knows that the Group owns non-wholly owned subsidiaries, and that the shares of Yichang Shidian Natural Gas Utilization Co., Ltd. (hereinafter referred to as Yichang Bidian) have been frozen by the Shanxi Changzhi City Inspection Committee (hereinafter referred to as the Inspection Committee) (hereinafter referred to as “the freeze action”).
The total amount of frozen shares in the Yichang Index is RMB 14.7 million, which is abbreviated as “frozen shares.” Our group hired Chinese legal advisors (hereinafter referred to as Chinese legal advisors) and were asked to provide legal opinions on freezing actions and frozen shares.
Since the freezing action was confirmed after discussions with Chinese legal advisors, we have decided to promptly announce this announcement.
According to China's legal adviser, the normal operations of Yichang Code will not be affected by the freeze.
However, during the period of the freeze action, our group is responsible for any procedures related to frozen shares and pledge registrars for frozen shares...