The actual controller of ST Huaxi, Li Renchao, has lifted the detention and changed it to an order for further investigation
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According to the Zhitong Finance APP, ST Huaxi announced that on September 5, 2025, the company received a "Change of Detention Notice" issued by the Supervisory Committee of a certain district in Suining City, which has lifted the detention measures against Mr. Li Renchao and changed them to a directive for pending investigation measures
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