Xianhe Group: One of the controlling shareholders, Wang Minglong, has been placed under investigation for alleged insider trading.
The announcement of Xianhe Corporation stated that the company has received a notification from one of its actual controllers, Wang Minglong, on April 3, 2026, stating that he has received a "Notice of Filing" issued by the China Securities Regulatory Commission. Wang Minglong is under investigation by the CSRC for suspected insider trading. This case is aimed at Wang Minglong personally and has no relation to the company's daily management and business activities, and will not affect the company's production and operation activities. The company will continue to monitor the progress of the above-mentioned matter and strictly fulfill its disclosure obligations in accordance with relevant laws, regulations, and regulatory requirements in a timely manner.
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