To those worried about the SEC and how Chinese companies are being affected - does this paragraph of the PR assuage your worries any??
As of the date of this announcement, Mr. Zhang Guoqiang has never had any relationship with the company's controlling shareholders, actual controllers, shareholders holding more than 5% of the company's shares, directors, supervisors, and other senior management personnel; he has also never held any position in public company listed on the security markets in Hong Kong or overseas for the past three years; nor being punished by the US Securities Regulatory Commission, other relevant authorities or the stock exchange. His qualifications are in compliance with the laws and regulations such as 'Company Law' and 'Articles of incorporation'.
As of the date of this announcement, Mr. Zhang Guoqiang has never had any relationship with the company's controlling shareholders, actual controllers, shareholders holding more than 5% of the company's shares, directors, supervisors, and other senior management personnel; he has also never held any position in public company listed on the security markets in Hong Kong or overseas for the past three years; nor being punished by the US Securities Regulatory Commission, other relevant authorities or the stock exchange. His qualifications are in compliance with the laws and regulations such as 'Company Law' and 'Articles of incorporation'.