GUOTAI JUNAN I Announces Employee Detention by Anti-Corruption Agency; Confirms Normal Business Operations

Deep News03-12

GUOTAI JUNAN I (01788) announced on the Hong Kong Stock Exchange on March 12th that on March 10th, the Hong Kong Securities and Futures Commission and the Independent Commission Against Corruption visited the company's primary business location in Hong Kong to execute a search warrant. During this process, certain documents were taken away. The company has also been informed that one of its employees has been detained by the Independent Commission Against Corruption. The company is treating this matter with high importance and will continue to closely monitor its developments. In light of the investigation, the company has immediately suspended all operational duties and authorities of the relevant employee as of March 10, 2026, until further notice. The Board of Directors confirms that, as of the date of this announcement, the overall business and operations of the Group, including all business segments such as investment banking, continue to function normally. The company maintains a solid financial position, and all operational activities are proceeding in a stable, compliant, and orderly manner. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.

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