September 24, 2026Stocks·Bearish·equities
Sanan Optoelectronics controller criminally detained on suspicion of embezzlement and misappropriation of funds
Sanan Optoelectronics' controlling shareholder has been criminally detained on suspicion of occupational embezzlement and misappropriation of funds, according to a company announcement. The company, a semiconductor firm with a market value of about 60 billion yuan, was previously unnamed in reports of the detention.
Detected & updated continuously · Source: Nebula
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Unnamed 60bn-yuan semiconductor company controlling shareholder