New Journey Health Technology Says No Adverse Effects from Probe Against Chair

MT Newswires Live07-07

New Journey Health Technology Group (SHE:002219) said its chair, Lin Yanglin, is under investigation by Taiyuan authorities for unrelated personal matters.

Director Xu Minggui will serve as acting chair during the probe, according to a Monday filing with the Shenzhen bourse.

The healthcare company said there are no material adverse effects on its business operations.

Shares of New Journey Health Technology Group closed 4% lower Monday.

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