Jingyeda’s Actual Controller and Chairman Qian Rui Detained

Regulation
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Summary · why it matters

Jingyeda announced that its actual controller and chairman, Qian Rui, has been detained by the relevant supervisory authority. The company received notification from the supervisory authority on July 7. Other directors and senior management are performing their duties as normal. Production and operations remain normal, and day-to-day management is being handled by the senior management team.

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