China Financial International (00721.HK) has announced that it has taken note of several recent news reports that Zhang Huayu, a non-executive director of the company, China Everbright Bank, former deputy party secretary and vice president of the company, is currently under supervision and investigation, according to reports by the discipline inspection and supervision team of the Central Commission for discipline Inspection in Everbright Group and the Shandong Provincial Supervision Commission of Shandong Province discipline Inspection Commission. The company said that despite many attempts, it was still unable to get in touch with Zhang Huayu directly, and the company did not have up-to-date information on Zhang's investigation.
The Board is of the view that the investigation into Zhang Huayu has not affected the financial and operating conditions of the company.