On the evening of January 23, it was announced that recently, the company received the detention notice issued by Jinhua Public Security Bureau and criminally detained Tang Xiuqing, the controlling shareholder and actual controller of the company. The relevant matters remain to be further investigated by the public security organ. The company said that this investigation is a personal investigation of relevant personnel of the company and does not involve the company. At present, the company’s production and operation are normal and all work is carried out in an orderly manner.
On January 22, Guangzhou Haozhi Industrial Co.Ltd(300503) announced that recently, the company received a notice from Xiao Yonglin, who received the decision on obtaining bail pending trial issued by Jinhua Public Security Bureau, and decided to obtain bail pending trial in accordance with the relevant provisions of the criminal procedure law of the people’s Republic of China. According to the company’s 2021 semi annual report, Xiao Yonglin is the preferred shareholder of the company and the person in charge of accounting.
