Gelonghui November 17 | Kaizhong Co., Ltd. announced that the company has no control over Suzhou Jiongyi and is not in line with Suzhou Jiongyi. The board of directors of Suzhou Jiongyi consists of 5 directors. The company has only 1 board seat. The company appoints 1 director to participate in the work related to its board of directors and performs supervisory duties by appointing 1 supervisor. Currently, Suzhou Jiongyi has invested heavily in R&D, is still in the loss stage, and has not yet begun large-scale production.
凯众股份：公司对苏州炯熠并无控制权
Kaizhong Co., Ltd.: The company has no control over Suzhou Jiongyi
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