Zhao Long, the actual controller, chairman, and general manager of HuiChen Shares, has been criminally detained by the Haidian Branch of the Beijing Public Security Bureau on suspicion of illegally disclosing or failing to disclose important information. The company was informed by Zhao Long's family on July 16, 2026, that the public security authorities issued a detention notice that day, and the case is still under investigation. The company stated that it has properly arranged relevant work, the board of directors and senior management team are performing their duties normally, and daily operations are running as usual. As of now, the company has not received any assistance investigation or investigation documents from the public security authorities. In the first quarter, HuiChen Shares reported total operating revenue of 105 million yuan, a year-on-year increase of 36.48%, and a net loss attributable to the parent company of 27.5587 million yuan, a year-on-year decline of 56.08%. As of the close on July 17, HuiChen Shares traded at 34.33 yuan per share, down 9.78%.
HCR Co LtdActual controller criminally detained for illegally disclosing important information, posing legal and governance risk.