Gelonghui, Feb. 6 | Hengfu Holdings (00643.HK) announced that on February 6, 2024, the company noticed unofficial news reports that Ma Xiaoqiu, executive director and chairman of the company, was allegedly arrested by Shenzhen police for illegally leaving China.
As of the date of this announcement, the company has not received any notice from any supervisory authority regarding the alleged arrests. As of the date of this announcement, the Board of Directors has not been able to contact Ma to determine the accuracy of this news, nor is there any insider information to be disclosed.
Despite this, as of the date of this announcement, the Group's current business was operated and managed by the Group's current management (except Malaysia), and it is alleged that the arrest will not have a significant adverse impact on the Group's business.