Zhitong Finance App learned that on November 13, Chabaidao (02555.HK) issued an announcement that the company established an independent special committee composed of three independent non-executive directors. The purpose of establishing this committee includes overseeing independent investigations into matters of concern to the Securities Regulatory Commission. The Independent Special Commission is authorized to exercise all necessary powers, powers and powers to perform its duties. The Independent Special Commission is taking steps to identify and select suitable and qualified independent professional consultants to conduct an independent investigation. The company will publish a separate further announcement on the progress and results of the independent investigation in due course.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.