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FS Holdings: The actual controller, chairman, and general manager Chen Yongliang has been detained

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FS Holdings announced that the actual controller, chairman, and general manager Chen Yongliang has been placed under detention by a certain national supervisory committee. The announcement stated that as of now, the company has not been asked to assist in the investigation, other directors and executives are performing their duties normally, control rights have not changed, the board of directors is operating normally, and production and operations have not been significantly affected

According to the Zhitong Finance APP, FS Holdings (300071.SZ) announced that the company recently received a detention notice issued by a certain national supervisory committee, and the actual controller, chairman, and general manager Mr. Chen Yongliang has been detained.

As of the announcement disclosure date, the company has not been requested to assist in the investigation. Other directors and senior management of the company are performing their duties normally, the company's control has not changed, the board of directors is operating normally, and the production and operational management situation is normal. The aforementioned matters have not had a significant impact on the company's normal production and operations

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