The actual controller of SUNMUN TECHNOLOGY, Lu Yong, has been subjected to detention measures
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According to the Zhitong Finance APP, SUNMUN TECHNOLOGY announced that the company recently received a notification from the family of its actual controller, chairman, and president Mr. Lu Yong, informing that he has received a "Detention Notice" issued by the Qidong Municipal Supervisory Committee. Mr. Lu Yong is being detained due to matters related to Jiangsu Banbutang Real Estate Co., Ltd. This detention is a personal matter for Mr. Lu Yong and is unrelated to the company. As of the date of this announcement, the company has not received any other notifications from relevant authorities
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