⁍ Hunan Huamin Holdings Co Ltd: LU JIANZHI INVESTIGATED BY AUTHORITY FOR SUSPECTED CRIME.
⁍ XIONG MENG AS CHAIRMAN, COMPANY’S OPERATING NORMALLY.
– China’s Hunan Huamin Holdings Co. Ltd. has announced the resignation of its chairman and chief executive officer after the company was accused of insider trading, Reuters reports. According to the company’s statement to the Hong Kong Stock Exchange, LU JIANZHI, who was also a director of the company, has been arrested and charged with insider trading. The company’s board has also appointed XIONG MENG as chairman.
Source: https://www.reuters.com/article/brief-hunan-huamins-owner-under-investig/brief-hunan-huamins-owner-under-investigation-board-elects-chairman-idUSP8N2H7048