According to Qichacha, the court recently lifted the property preservation measures against Wang Leehom’s company, Xidong Music (Shanghai) Co., Ltd. The ruling shows that after review, the court found that the applicant's application for lifting the preservation was in compliance with relevant legal provisions, and the property preservation measures against the respondent were lifted, and the ruling began to be implemented immediately.
Xidong Music (Shanghai) Co., Ltd. was established on December 6, 2019. Its registered address is on the 1st floor, No. 258, Pingyang Road, Minhang District, Shanghai. Its legal representative is Alexander Lee Hom Wang (Wang Leehom).
According to previous reports, Beijing Shizhishang Advertising Co., Ltd. applied to the Beijing Arbitration Commission for property preservation on September 13, 2022, requesting that the bank deposit of 9.01 million yuan of the respondent Xidong Music (Shanghai) Co., Ltd. be frozen or sealed or seized property of corresponding value. After review, the court found that the applicant's application complied with relevant legal provisions and ruled to implement it.
editor Wang Liqiang