Qingfang City: Dismissal of Vice General Manager Gao Xiaocheng

The announcement from the Light Textile City stated that on June 25, 2026, the company's Vice General Manager, Gao Xiaocheng, was placed under investigation and subjected to retention measures. On August 6, the company received a proposal from the Keqiao District Government for his dismissal. On August 11, the company held a board meeting and agreed to dismiss Gao Xiaocheng from his position as Vice General Manager. The company has made appropriate arrangements for his related work, and operations are proceeding normally and orderly. This matter will not have a significant impact on the company's management.