ST Huaxi (002630.SZ) controlling shareholder and actual controller Li Renchao has been detained and investigated.

Smart finance and economics APP news, ST Huaxi (002630.SZ) issued an announcement. The company's board of directors recently received a detention notice and a filing notice issued by the supervisory committee of a certain district in Suining City regarding Mr. Li Renchao, the company's controlling shareholder and actual controller. As of the date of the announcement, Mr. Li Renchao no longer holds any position in the company or its controlling subsidiaries, and does not undertake or perform any duties as a director or senior executive.