Live broadcast on November 2nd according to the report of China Securities Network, Guanghui Group, an investor of the men’s basketball team in Xinjiang and Sun Guangxin, the richest man in Xinjiang, was investigated by the CSRC.

The original text is as follows:

Shanghai Securities News China securities network news Guanghui logistics, Guanghui Energy and Guanghui Automobile announced in the morning of November 1 that all three companies received Xinjiang Guanghui Industrial Investment (Group), the controlling shareholder, on October 31, 2022. The notice of limited liability company (hereinafter referred to as Guanghui Group) received the notice of filing by China Securities Regulatory Commission (No. 007202228), due to the failure to fulfill the obligations of tender offer and other matters, the case was investigated.

After verification with the controlling shareholder, the relevant matters are the equity disputes that occurred between Guanghui Group and its former actual controller Chen Tieming in the process of reorganizing the listing of the former Dazhou Xingye Holding Co., Ltd. in 2015, it is a historical behavior of Guanghui Group, and the production and operation activities of the above three companies are not affected.

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(Ghost)