
The actual controller of Xinguang Optic-Electronics, Kang Weimin, has been subjected to detention measures

Xinguang Optic-Electronics announced that the actual controller Kang Weimin is subject to detention measures, and Vice Chairman Wang Yuwei will perform the duties of Chairman on his behalf, while Vice General Manager Qu Bo will perform the duties of General Manager on his behalf
According to the Zhitong Finance APP, Xinguang Optic-Electronics (688011.SH) announced that the company recently received a "Notice of Case Filing" and a "Notice of Detention" issued by the Songxian Supervisory Committee regarding the company's controlling shareholder, actual controller, chairman, and general manager Mr. Kang Weimin, who is currently under detention.
During Mr. Kang Weimin's detention, the company's vice chairman Mr. Wang Yuwei will perform the duties of the company's chairman and legal representative, as well as the responsibilities of a member of the relevant committees of the company's board of directors; during Mr. Kang Weimin's detention, the company's vice general manager Ms. Qu Bo will perform the duties of the company's general manager

