A · Important
[ST Hengxin: The criminal coercive measures taken against the former chairman have a significant impact on major subsidiaries] On October 19th, ST Hengxin (300081.SZ) announced that the company learned on the evening of October 16 that criminal coercive measures were taken against the former chairman Meng Nan. Meng Nan was previously dismissed as a non-independent director by the shareholders' meeting on June 30 and no longer holds any position in the company. However, due to changes in industrial and commercial registration, it was revoked and he is still the legal representative of the company's business license. Meng Nan also serves as executive director, manager and legal representative of a number of major subsidiaries, and the criminal coercive measures against him have a significant impact on major subsidiaries. Up to now, the company's production and operation activities are normal. If the relevant personnel are involved in matters related to their tenure in the company, the company will fully cooperate with the public security and judicial authorities in the investigation of relevant cases and do its best to recover the company's losses.
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