Chairman Guo Bochun of Asia-Potash International Investment (000893.SZ) has been placed under investigation.

date
17/01/2025
avatar
GMT Eight
Asia-Potash International Investment(000893.SZ) announced that on January 17, 2025, the company received a "Notice of Detention" from the Supervisory Commission of the Ningxia Hui Autonomous Region, and Chairman Guo Banchun was detained by the Supervisory Commission of the Ningxia Hui Autonomous Region. This detention is directed at Chairman Guo Banchun personally and is unrelated to the company. Currently, the company's production and operation are normal, and the company has a sound governance structure and internal control mechanisms. The company operates in accordance with laws and regulations such as the Company Law, Shenzhen Stock Exchange Stock Listing Rules, Listing Corporate Governance Guidelines, and Company Articles of Association. As of the date of this announcement, there has been no change in the company's ownership, the board of directors is operating normally, and day-to-day management is handled by the executive team. The company and its subsidiaries are steadily progressing in their production and operations.

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