Suda Co., Ltd.'s actual controller and chairman Li Xiyuan has解除留置 and is performing duties normally.

MaticHoleFiller · 2026-03-27T19:29:54+00:00

Zhengzhou Suda Co., Ltd. announced that Chairman Li Xiyuan was released from detention on March 21 and has resumed normal duties. Previously, on March 17, it was disclosed that he was detained, but this was confirmed to be lifted after family notification. This information serves as a reminder for investors to pay attention to market risks.

MaticHoleFiller

2026-03-27 19:29:54

Abstract generation in progress

Zhengzhou Suda Industrial Machinery Service Co., Ltd. (Securities Code: 001277, Stock Short Name: Suda Co., Ltd.) released an announcement on March 21. The company said that its actual controller and chairman, Li Xiyuan, has had his designated placement measures lifted and is now able to perform the chairman’s duties normally, and the company’s production and operations are stable.

The announcement shows that Suda Co., Ltd. previously disclosed the “Announcement on the Actual Controller and Chairman Being Placed under Designated Custody Measures” on March 17, 2026, informing that Mr. Li Xiyuan was placed under designated custody by the Supervisory Commission of Bengshan District, Bengbu. On March 20, the company received a notice from Mr. Li Xiyuan’s family members that he had received the “Notice of Lifting of Designated Custody Measures” issued by the Supervisory Commission of Bengshan District, Bengbu, and the relevant custody measures have been formally lifted.

The company stated that the designated media for information disclosure are The Securities Times, The Securities Daily, China Securities Journal, Shanghai Securities News, and the Juchao Information website (cninfo.com.cn). All information is subject to the content published in the above media. Investors are kindly advised to make rational investment decisions and to watch for investment risks.

Item
Time node
Specific content
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Custody announcement disclosed
2026-03-17
The company disclosed that Mr. Li Xiyuan was placed under designated custody by the Supervisory Commission of Bengshan District, Bengbu
Notice of lifting custody received
2026-03-20
Mr. Li Xiyuan’s family members received the “Notice of Lifting of Designated Custody Measures”
Custody lifting announcement disclosed
2026-03-21
The company released an announcement on lifting custody, confirming that Mr. Li Xiyuan is performing duties normally

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