Chairman's Personal Conduct Sparks Market Reaction, Firm Asserts Operational Stability Unaffected

Deep News06-08

Recent social media posts have circulated information regarding the personal life of Victory Giant Technology(Huizhou) Co.,Ltd. (ASX: 300476) Chairman Chen Tao, including a video showing an interaction between a middle-aged man and a woman in an elevator, which has drawn public attention.

This development coincided with a significant decline in the company's share prices. The A-shares closed down 7.11%, while the Hong Kong-listed shares fell 8.19%.

In response to an inquiry, a representative from the company's investor relations department stated that they were aware of the information and indicated that the related content has no impact on the company's operations.

When asked if the company would issue a formal announcement addressing the matter, the representative noted that such announcements must comply with regulatory requirements and that there is no stipulation requiring a company-level announcement regarding personal privacy matters.

Company information shows that Victory Giant Technology(Huizhou) Co.,Ltd. is engaged in the research, development, production, and sales of high-precision multi-layer boards, HDI, FPC, and rigid-flex boards. Its products are widely used in fields such as artificial intelligence, data centers, industrial internet, automotive electronics (new energy), next-generation communication technology, new energy, aerospace, and medical instruments.

The company was listed on the Shenzhen Stock Exchange's ChiNext board on June 11, 2015, and on the main board of the Hong Kong Stock Exchange on April 21, 2026.

According to officially released information, Chairman Chen Tao is 54 years old, a Chinese national with an EMBA, a senior engineer, holds a Hong Kong ID card, has no permanent residency rights abroad, and currently serves as the company's Chairman.

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