Securities Times e Company News, Ziguang Group announced that in order to smoothly and steadily promote the company's judicial reorganization process, the manager submitted an "application for asset preservation" to the Beijing No. 1 Intermediate people's Court on December 16, 2021, requesting the Beijing No. 1 Intermediate people's Court to preserve all the equity interests of the Ziguang Group held by Tsinghua Holdings and Jiankun Group. On December 17th, the Beijing No. 1 Intermediate people's Court issued a "civil ruling", which ruled to freeze 51 per cent of the company held by Tsinghua Holdings (corresponding to 342 million yuan of subscribed registered capital) and 49 per cent of the company held by Jiankun Group (corresponding to 328 million yuan of subscribed registered capital).