Shanghai Tax Bureau responds to reports that Liu Xiaoqing is suspected of evading taxes: dealing with it in accordance with the law and regulations.

On the evening of May 15, the Fourth Tax Inspection Bureau of the Shanghai Municipal Taxation Bureau of the State Administration of Taxation released a situation report stating "Recently, our bureau has received a report from Wang regarding the tax issues involving Liu and related companies. We are currently handling the matter in accordance with the law and regulations."