KAISA JiaYun Technology IncFrozen bank account funds fully released after plaintiff withdrew lawsuit, removing legal uncertainty.

Guangdong Jia Yun Technology Co., Ltd. announced that, due to the plaintiff Shouhui Insurance Agency Co., Ltd. voluntarily withdrawing the lawsuit, all previously frozen funds in the company's bank accounts have been released. The Futian District People's Court of Shenzhen ruled on July 17, 2026 to permit the plaintiff's withdrawal, and the relevant civil ruling has been served to the company. The freeze stemmed from property preservation measures arising from a service contract dispute involving the company's divested subsidiary, Haili Insurance Brokerage Shenzhen Co., Ltd., and the company was not a party to the contract.
KAISA JiaYun Technology IncFrozen bank account funds fully released after plaintiff withdrew lawsuit, removing legal uncertainty.
Divested subsidiary involved in the service contract dispute; not a party to the lawsuit, but the freeze was related to it.