On September 24, Gelonhui announced that Kairuide (002072.SZ) recently received a "Detention Notice" and a "Filing Notice" from the Supervision Commission of Duodao District, Jingmen City. Mr. Ji Xiaowen, the Chairman and General Manager of the company, has been investigated and detained for suspected bribery.
Currently, the board of directors and supervisory board of the company are operating normally, and there has been no change in the company's control. Other senior management of the company are all performing their duties normally, and the production and operation order of the company and its subsidiaries are normal. The company is advancing the planning of major asset restructuring matters. According to the decision of the company's general manager's office, Ms. Zhu Xiaoyan, Vice General Manager and Secretary of the Board of Directors, will temporarily preside over the company's daily business management. This matter will not have a significant impact on the company's daily production and operation. As of the date of this announcement, the company is not yet aware of the progress and conclusion of the investigation.