On March 3 1 day, Huishan Dairy issued a notice entitled "Hong Kong Court's Application for Refusing to Freeze the Company's Hong Kong Assets", saying that on March 30, 20 17, the company noticed that Gefei Asset Management Co., Ltd. applied to the court for an injunction with reference to the court documents submitted to the court. Freeze the assets of Huishan Dairy, Yang Kai, his wife and Champ Harvest Limited in Hong Kong to assist Gefei Asset Management Co., Ltd. in bringing legal proceedings against Yang Kai, his wife and the Company in Shanghai. Court documents show that the application for freezing Huishan Dairy's assets in Hong Kong has been rejected, and the court has not approved the interlocutory injunction against the company.

According to Hong Kong Sing Tao Daily reported on March 29th, Assets filed a lawsuit in the High Court of Hong Kong, demanding that the assets of four individuals and companies be frozen, including Huishan Dairy, the chairman and major shareholder of the company, its holding company Champ Harvest Limited and another person, Zhang, who were forbidden to transfer or leave Hong Kong. The case is scheduled to be heard on April 7, and the ban continues to be valid.

When talking about this lawsuit, insiders of Gefei Assets explained: "As fund managers, the first step we can do is to take asset preservation measures. The most important thing is that it has been sealed, and all those that can be sealed have applied for sealing. "

According to reports, Gefei Assets is the first creditor institution to file this application, and the scale of assets applied for freezing is also much larger than the scale of fund products.