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Potential Eternal Trust: Vice General Manager Under Retention; This Investigation Unrelated to Company
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Special Topic: External shocks do not change the market’s stable foundation; China’s medium- to long-term asset growth remains solid.
On the evening of March 19, Yuaneng Hengxin (300191) announced that the board of directors recently received a “Detention Notice” and a “Case Filing Notice” from the Weihai Wendeng District Supervisory Committee. Vice General Manager Zhang Hui has been placed under investigation and detained.
The announcement states that, based on preliminary understanding, this investigation is related to personal matters from Zhang Hui’s previous employer and is unrelated to the company. It will not significantly impact the company’s daily operations. The company’s various production and business activities are proceeding normally and in an orderly manner. As of the date of this announcement, the company is unaware of the progress or conclusions of the investigation. The company will continue to monitor the situation and will fulfill its information disclosure obligations in a timely manner according to relevant laws and regulations, while also highlighting related risks.
According to available information, Zhang Hui, born in 1978, is a Chinese national with no foreign residence rights and holds a bachelor’s degree. She joined Yuaneng Hengxin in September 2012.
Public sources indicate that Yuaneng Hengxin is an international energy company integrating high-end exploration, development technology services, and oil and gas investment management and production. Its main business involves exploration and development of oil, natural gas, geothermal energy, urban exploration, including 3D seismic data acquisition, imaging processing and interpretation, integrated geophysical and geological research, block resource evaluation, drilling and completion services, horizontal well fracturing design and construction, and related software development such as underground 3D spatial big data AI platforms.
On January 29, Yuaneng Hengxin released a performance forecast for 2025, estimating a turnaround from loss to profit, with net profit attributable to shareholders of the listed company between 36 million and 50 million yuan, and operating revenue between 680 million and 750 million yuan.
As of the close on March 19, Yuaneng Hengxin’s stock price was 42.45 yuan per share, with a total market value of 13.6 billion yuan.
(Source: Shanghai Securities Journal) Original title: 300191, Vice General Manager Detained
Sina Statement: This news is reproduced from Sina’s partner media. Sina.com publishes this article to disseminate more information and does not imply endorsement of its views or verification of its content. The article is for reference only and does not constitute investment advice. Investors operate at their own risk.
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Editor: Shi Xiuzhen SF183