Legal basis: Article 239 of the Procedures for Handling Criminal Cases by Public Security Organs
If it is necessary to freeze the property of a criminal suspect, it shall be approved by the person in charge of the public security organ at or above the county level, and a notice of assistance in freezing the property shall be made, in which the account name, account number, amount to be frozen, freezing period, freezing scope, whether it belongs to or is in the fruits, etc., and financial institutions and other units shall be notified to assist in handling the frozen property. Financial institutions and other units shall be notified to assist in handling. The freezing of equity and policy rights and interests shall be approved by the person in charge of the public security organ at or above the municipal level. The freezing of the equity of a listed company shall be approved by the person in charge of the public security organ at or above the provincial level.
article 247 if it is found that the frozen property has nothing to do with the case, it shall notify financial institutions and other units to lift the freeze within three days, and notify the owner of the frozen property.