Reported about 1 year ago
On June 10, 2024, company chairman Chen Shiming was absent from a stock listing ceremony, which led to speculation about the reason. It was later revealed that he was involved in an extramarital affair with the wife of a close friend and colleague. Chen allegedly tried to force the husband to resign using various means and falsely accused him of causing trouble at his home, resulting in a scandal within the company. The situation escalated when attempts to cover up the affair and retaliate against the innocent party were exposed, causing turmoil in the company.
Source: YAHOO