According to Jiwei.com news, on the evening of June 13, Xinlun Technology issued two announcements in succession.
The announcement mentioned that the company received a written notice from the company's vice president Gao Xiang stating that Gao Xiang received an "Investigation Notice" from the China Securities Regulatory Commission on June 12, 2019 (No.: Jizong Investigation No. 191403): "Because you are suspected of insider trading, according to the relevant contents of the "Securities Law of the People's Republic of China", I will decide to file a case against you. Please cooperate."
Shortly after this announcement was released, Xinlun Technology immediately issued an announcement about the resignation of the company's vice president Gao Xiang.
As the company's vice president Gao Xiang was investigated by the China Securities Regulatory Commission, the board of directors of Xinlun Technology recently received his written resignation report. Xinlun Technology said that due to personal reasons, Gao Xiang applied to resign from the position of vice president of the company, and after his resignation, he will no longer serve as any senior management position of the company. Gao Xiang's resignation will not affect the normal operation of the company's related work.
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