Chengdu Lihang Technology (603261.SH) actual controller and chairman have been removed from custody.

Chengdu Lihang Technology (603261.SH) announced that the company recently received a "Release of Detention Notice" issued by the supervisory committee of a certain county, as well as a notice regarding the family of the company's chairman, Mr. Liu Suiyang. The supervisory committee of the county has decided to lift the detention measures imposed on Mr. Liu Suiyang. Currently, Mr. Liu Suiyang, the chairman of the company, is able to resume his duties as normal. Ms. Wan Linjun, a director and vice general manager of the company, will no longer act on behalf of the chairman and the board's special committees. The company's production and operation are normal.