This evening, two A-share companies, STAR Cuihua and Lianchuang Optoelectronics, separately announced that their actual controllers have been placed under investigation by the China Securities Regulatory Commission for suspected violations of laws and regulations. STAR Cuihua's controlling shareholder and actual controller, Chen Siwei, has been placed under investigation for suspected illegal information disclosure. The company was previously placed under investigation for similar reasons in February and May 2026, and those investigations are still ongoing. Meanwhile, Guo Yingjie, a concert party of a shareholder holding more than 5% of the shares, has also been placed under investigation for suspected disclosure violations. Lianchuang Optoelectronics and its actual controller, Wu Rui, have been placed under investigation for suspected illegal activities including failure to disclose non-operating capital transactions as required. The company stated that all business operations are currently proceeding normally.
Shenyang Cuihua Gold and Silver Jewelry Co LtdActual controller under CSRC investigation for suspected illegal information disclosure.
Jiangxi Lianchuang Opto-electronic Science & Technology Co LtdActual controller and company under CSRC investigation for disclosure violations.