HES: Due to suspected unit bribery, the company and former chairman Dai Baolin have been prosecuted
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HES has been prosecuted for suspected unit bribery, and the company and former chairman Dai Baolin have been indicted. On December 12, 2024, Dai Baolin was placed under investigation and detention for suspected illegal activities, released from detention on April 22, 2025, and arrested on June 19. On August 7, 2025, the company received the indictment from the procuratorate, and the case has now been prosecuted, awaiting the first trial. The company will continue to monitor the progress of the event and fulfill its information disclosure obligations
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