Zhenlei Technology (688270.SH) actual controller and chairman Yu Faxin have been taken into custody.

News from the Zhitong Finance and Economics APP, Zhenlei Technology (688270.SH) announced that on September 21, 2025, the company received notice from Mr. Yu Faxin, the actual controller and chairman of the company, that he has been placed under detention by the Huangshi Municipal Supervisory Committee and is temporarily unable to perform his duties as a director. As of the date of this announcement, there has been no change in the company's control.