Grain producer YanGuFang's CEO, CFO detained in China

YanGuFang International Co

11/01/2024 03:43

Jan 11 (Reuters) - Chinese grain producer YanGuFang
International Group  YGF.O  said on Wednesday that the company's
Chief Executive, Junguo He, and Chief Financial Officer Kui Shi
have been detained by the Shanghai police.
    The company has not received any official notice of the
investigation against the executives or the reason for their
detainment, it said in a statement, adding that Ya Zhang and
Yang Sui were appointed as the interim CEO and interim CFO,
respectively. 

 (Reporting by Chandni Shah in Bengaluru; Editing by Muralikumar
Anantharaman)
 ((Chandni.shah@thomsonreuters.com;))