"China Chemical responds to subsidiary involvement in the Kangde XIn fake case that led to exorbitant compensation claims."

date
16/05/2025
Regarding this matter, the reporter called China Chemicals as an investor, and the person who answered the phone said that Saeding Ningbo was listed as a defendant mainly because they had business dealings with Kangde Xinneng in the past. However, after self-investigation, the company did not engage in the behavior of knowingly assisting Kangde Xinneng in fraud. "It should not have any actual impact on production and operation."