20cm drop! The actual controller is criminally detained for illegal fundraising, Huaheng Biology responds

Huaheng Biology released multiple major announcements on the evening of June 24th. Among them, the company's actual controller, chairman, and general manager Guo Henghua was criminally detained by the public security organ on suspicion of illegally absorbing public deposits, and stated that the related investigation matters are not related to the company's operations. It is worth noting that before the listing of Huaheng Biology, Guo Henghua was already involved in multiple civil litigation cases, most of which were related to the illegal absorption of public deposits cases such as Xue Jinhe. The staff of Huaheng Biology stated that there are no related transactions such as fund borrowing or guarantees with Jin Guo companies. As for whether Guo Henghua's shares will be frozen or auctioned in the future, the staff said they do not have more information and recommended investors to pay attention to subsequent announcements.