Sichuan Tianwei Electronic Co., Ltd. (688511.SH) major shareholder Ju Wanli released the restriction.
Tian Microelectronics (688511.SH) released an announcement stating that Mr. Ju Wanli, the actual controller and chairman of the company, was removed...
Sichuan Tianwei Electronic Co., Ltd. (688511.SH) announced that the company's actual controller and chairman Mr. Ju Wanli was under investigation and placed under detention. On November 15, 2024, the company received a "notice of release from detention" from a national supervision committee and a notice from Mr. Ju Wanli's family members. The national supervision committee has lifted the detention measures against Mr. Ju Wanli, and the company's production and operation management is currently normal. Mr. Ju Wanli has resumed his duties and Mr. Zhang Chao, a director and general manager, will no longer perform the duties of chairman of the board and committee members on behalf of the company.
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