Applicant: Yangzhou Zhengyuan Iron and Steel Co., Ltd., domiciled at No. 99 South Yunhe Road, Guangling District, Yangzhou City.
Legal representative: Wang Yueshu, general manager of the company.
Attorney ad litem: Ding Kun, lawyer of Jiangsu Youyu Law Firm.
Agent ad litem: Zhao Yan, trainee lawyer of Jiangsu Youyu Law Firm.
Respondent: Yangzhou Fulkan Machinery Manufacturing Co., Ltd., domiciled at No. 8, Huagang Road, Hanjiang Industrial Park, Yangzhou City 1.
Legal representative: Zhu Qi'an, general manager of the company.
The applicant, Yangzhou Zhengyuan Iron and Steel Co., Ltd., applied to this court for pre-litigation property preservation on April 21, 2020, requesting to preserve the property under the name of the respondent, Yangzhou Vulkan Machinery Manufacturing Co., Ltd., with an amount of 180,000 yuan. The guarantor, China Continent Property Insurance Co., Ltd. Yangzhou Central Sub-branch, provides guarantee for it.
After review, this court held that the applicant Yangzhou Zhengyuan Iron and Steel Co., Ltd. filed an application for pre-litigation property preservation, and had provided a guarantee. The application complied with the law and should be approved by this court. In accordance with the provisions of Articles 101, 102 and 103 of the Civil Procedure Law of the People's Republic of China, the ruling is as follows:
The property under the name of the respondent Yangzhou Vulkan Machinery Manufacturing Co., Ltd. was preserved, and the preservation amount was 180,000 yuan.
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. It shall not be suspended during the execution of reconsideration.
If the applicant fails to file a lawsuit or apply for arbitration within 30 days after the people's court takes preservation measures, the court will lift the preservation according to law.