HOME NEWS COMPANY NEWS Yangzhou Vulcan Machinery Manufacturing Co., Ltd Respondent v. Changzhou Hualing New Materials Co., Ltd. in the case of a dispute over a sales contract

Yangzhou Vulcan Machinery Manufacturing Co., Ltd Respondent v. Changzhou Hualing New Materials Co., Ltd. in the case of a dispute over a sales contract

25.10.2022

People's Court of Liyang City, Jiangsu Province

Civil Amibitration

(2021) Su 0481 Min Chu No. 4224

Applicant: Changzhou Hualing New Materials Co., Ltd., domiciled in Jiuxian Industrial Concentration Zone, Nandu Town, Liyang City, unified social credit code 91320481557068854L.

Legal representative: Li Daosheng, general manager of the company.

Attorney ad litem: Chu Zhongjun, lawyer of Jiangsu Deyin Law Firm.

Respondent: Yangzhou Fulkan Machinery Manufacturing Co., Ltd., domiciled at No. 1, No. 8, Huagang Road, Hanjiang Industrial Park, Yangzhou City, unified social credit code 91321003799094393P.

Legal representative: Zhu Qi'an, general manager of the company.

In the case of the dispute over the sales contract between the applicant Changzhou Hualing New Materials Co., Ltd. and the respondent Yangzhou Vulkan Machinery Manufacturing Co., Ltd., the applicant filed an application for property preservation with this court, requesting to freeze the respondent Yangzhou Vulkan Machinery Manufacturing Co., Ltd. has a bank deposit of 230,000 yuan or other properties of the same value seized, and is guaranteed by Tianan Property & Casualty Insurance Co., Ltd. Litigation and Preservation Liability Insurance Policy Letter of Guarantee.

After review, this court believes that the applicant's application for preservation complies with the relevant legal provisions, and it is approved in accordance with the law. In accordance with Articles 100 and 102 of the Civil Procedure Law of the People's Republic of China, and Article 164 of the Interpretation of the Supreme People's Court on the Application of the Civil Procedure Law of the People's Republic of China, the ruling is as follows :

The freezing of the bank deposit of 230,000 yuan or other properties of the same value of the respondent Yangzhou Vulkan Machinery Manufacturing Co., Ltd. was lifted.

Implementation of this ruling begins immediately.

If you are not satisfied with this ruling, you may apply to this court for reconsideration within five days from the date of receipt of the ruling, and the enforcement of this ruling will not be stopped during the reconsideration period.

Judge: Yi Yang

June 4, 2021

Secretary: Li Ye