Due to contract disputes, the court decided to seize nearly 4.72 million yuan of Bit Century's wholly-owned subsidiary Shenzhen Century Cloud Technology

On December 13, the People's Court of Bao'an District, Shenzhen, Guangdong Province issued an execution ruling on a dispute over the sales contract between Dongguan Yongjiang Electronics Co., Ltd. and Shenzhen Century Cloud Core Technology Co., Ltd. The applicant Dongguan Yongjiang Electronics Co., Ltd. submitted an application for property preservation to the court on September 24, 2019, requesting the court to seize (or seize, freeze) the respondent Shenzhen Century Cloud Core Technology Co., Ltd. in the name of RMB 47,87.106 the property of. After review, the court decided to seal up (or seize, freeze) the property of the respondent Shenzhen Century Cloud Technology Co., Ltd. worth RMB 47,187.68 yuan. The company's information shows that Shenzhen Century Cloud Core Technology Co., Ltd. is a wholly-owned subsidiary of Beijing Bitmain Technology Co., Ltd.