Key Executive of Biomedical Firm Subjected to Legal Detention Measures

Stock News07-06

An announcement from Shenzhen New Industries Biomedical Engineering Co.,Ltd. (SZSE: 300832) states that on July 6, 2026, the company received notification from the family of its actual controller, Mr. Weng Xianding, that he has been subjected to a detention measure according to a relevant notice from a supervisory commission.

Since September 8, 2021, Mr. Weng Xianding has not held any position within the company. As of the date of the announcement, all directors and senior management of the company are performing their duties normally, and the board's operations as well as production and business management remain unaffected. The company clarified that the matter does not involve the company and is not expected to have a significant impact on its production and operations.

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