Chairman and General Manager Xu Weiming of Zhangjiagang Guangda Special Material (688186.SH) has been placed under residential surveillance.

Announcement from Zhangjiagang Guangda Special Material (688186.SH): The company recently received a "Case Filing Notice" and a "Detention Notice" issued by the Wuzhong District Supervisory Committee of Suzhou City. Xu Weiming, one of the company's controlling shareholders and the Chairman and General Manager, has been placed under custody.