
Coolan Group Suspends CEO, Makes Significant Changes in Management

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Coolan Group has suspended CEO Han Binke due to an unapproved equity interest transaction involving its subsidiary, Beijing Xiefei Business Management. The board was not informed of the transfer of a 100% stake to external parties, nor of a 25% stake acquisition in HQPI by another subsidiary. The company plans to pursue legal action against Binke and has invalidated all unapproved transactions.
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