Brief: Yangufang International Says Junguo He, CEO Of Co And Kui Shi CFO Of Co, Have Been Detained By Certain Public Safety Bureau Of Shanghai, China

YanGuFang International Co

11/01/2024 02:39

Jan 10 (Reuters) - Yangufang International Group Co Ltd
 YGF.O :
    * YANGUFANG PROVIDES UPDATE ON ITS CEO AND CFO AND
OPERATIONS
    * YANG SUI APPOINTED AS INTERIM CFO OF COMPANY, EFFECTIVE AS
OF
JANUARY 9, 2024.
    * YANGUFANG - JUNGUO HE CEO OF CO AND KUI SHI CFO OF CO,
HAVE BEEN
DETAINED BY CERTAIN PUBLIC SAFETY BUREAU OF SHANGHAI, CHINA
    * YANGUFANG INTERNATIONAL GROUP- AS OF DATE OF THIS
ANNOUNCEMENT,
BUSINESS AND DAILY OPERATIONS OF CO ARE BEING CONDUCTED IN
ORDINARY COURSE
    * YANGUFANG INTERNATIONAL GROUP CO-  CO HAS NOT RECEIVED
OFFICIAL
NOTICE OF INVESTIGATION AGAINST HE OR SHI OR RESPECTIVE REASONS
FOR THEIR DETAINMENT
    * YA ZHANG, CURRENTLY CHIEF OPERATING OFFICER OF COMPANY
APPOINTED
AS INTERIM CEO OF COMPANY

Source text for Eikon:  ID:nGNX25RZPx 
Further company coverage:  YGF.O 

 ((Reuters.Briefs@thomsonreuters.com;))