On the evening of June 5, Anxin Trust (*ST Anxin, 600816.SH) issued a notice saying that it received a notice from the actual controller Gao Tianguo that Gao Tianguo was criminalized by the Shanghai Public Security Bureau on suspicion of illegally issuing loans. Detention, related matters are yet to be further investigated by the public security organs. Gao Tianguo has not held a position in Anxin Trust, and Anxin Trust will continue to pay attention to the progress of the above-mentioned matters and fulfill its information disclosure obligations in a timely manner.
At present, Anxin Trust is actively advancing major risk reduction issues under the guidance of relevant departments and negotiating a reorganization plan with the restructuring party.