AIMA Technology Group Chair Released from Detention

MT Newswires Live01-09

AIMA Technology Group (SHA:603529) said its actual controller, chair and general manager, Zhang Jian, was released from detention.

Zhang was detained and placed under investigation by the Chengde City Supervisory Committee in October 2024, according to a Thursday filing with the Shanghai bourse.

Zhang can now fully resume his responsibilities as chair and general manager of the vehicle manufacturer.

AIMA Technology Group shares closed 5% lower Thursday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment