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On May 12, Tianyu Digital Technology (Dalian) Group Co., Ltd. issued an announcement on the retention of the chairman and general manager of the company. The announcement said that the company received the "filing notice" and "lien notice" from the Ningxia Hui Autonomous region Supervisory Commission on May 11, 2024. Xu Dewei, the company's chairman and general manager, was suspected of violating the law in his joint duties. Ningxia Hui Autonomous region Supervisory Commission put on file for investigation and implementation of lien.

The announcement said that this investigation is aimed at Xu Dewei's personal investigation and has nothing to do with the company. The company has a sound governance structure and internal control mechanism, as well as a mature and efficient management system. At present, the board of directors and the board of supervisors of the company are operating normally, and the control of the company has not changed. The companyCrashnsanetrilogyps5His senior management staff are performing their duties normally, and the production and operation order of the company and its subsidiaries is normal. After the decision of the general manager's office, he Han, the director and deputy general manager, will temporarily preside over the daily operation and management of the company. This matter will not have a significant impact on the daily production and operation of the company.

The announcement said that as of the date of disclosure of this announcement, the company was not aware of the progress and conclusions of the investigation. The company will continue to pay attention to the follow-up of the above matters, make proper arrangements for the relevant work, reduce the impact of the above matters on the company's operation, and in strict accordance with the provisions and requirements of relevant laws and regulations, timely perform the obligation of information disclosure and remind the relevant risks.

The Tianyu Division released its 2023 annual report on April 25. In 2023, the company achieved total revenue of 17.Crashnsanetrilogyps56.1 billion yuan, an increase of 1.07% over the same period last year; net profit loss of 1.087 billion yuan, compared with a loss of 282 million yuan in the same period last year; deducting a loss of 1.014 billion yuan in non-net profit, a loss of 297 million yuan in the same period last year; net cash flow from operating activities was-1.0863 million yuan, compared with-126 million yuan in the same period last year During the reporting period, the basic earnings per share of Tianyu Division was-0.657 yuan, and the weighted average return on net assets was-57.03%.

(article source: read Chuang)