China High-Speed Transmission Equipment Group Faces Criminal Investigation Over Suspected Embezzlement and Misappropriation of Subsidiaries' Funds

Reuters

Oct 17

China High-Speed Transmission Equipment Group Faces Criminal Investigation Over Suspected Embezzlement and Misappropriation of Subsidiaries' Funds

China High-Speed Transmission Equipment Group Co. Ltd. has announced that a formal criminal investigation has been initiated by the Nanjing Public Security Bureau, Jiangning Branch, regarding suspected embezzlement and misappropriation of funds and assets by individuals in positions of authority within its relevant subsidiaries. The company confirmed that the reported case meets the criteria for criminal case filing under Article 112 of the Criminal Procedure Law of the People's Republic of China. Shareholders and potential investors are advised to exercise caution when dealing in the company's securities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China High-Speed Transmission Equipment Group Co. Ltd. published the original content used to generate this news brief on October 17, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Ltd. has announced that a formal criminal investigation has been initiated by the Nanjing Public Security Bureau, Jiangning Branch, regarding suspected embezzlement and misappropriation of funds and assets by individuals in positions of authority within its relevant subsidiaries. The company confirmed that the reported case meets the criteria for criminal case filing under Article 112 of the Criminal Procedure Law of the People's Republic of China. Shareholders and potential investors are advised to exercise caution when dealing in the company's securities.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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Ltd. published the original content used to generate this news brief on October 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1205","symbol_name":"重型电气设备","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251017:nNDL4xF3qm:1","article_id":"2576990056","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576990056","pubTimestamp":1760709932,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"China High-Speed Transmission Equipment Group Faces Criminal Investigation Over Suspected Embezzlement and Misappropriation of Subsidiaries' Funds. China High-Speed Transmission Equipment Group Co. Ltd. has announced that a formal criminal investigation has been initiated by the Nanjing Public Security Bureau, Jiangning Branch, regarding suspected embezzlement and misappropriation of funds and assets by individuals in positions of authority within its relevant subsidiaries. The company confirmed that the reported case meets the criteria for criminal case filing under Article 112 of the Criminal Procedure Law of the People's Republic of China. Shareholders and potential investors are advised to exercise caution when dealing in the company's securities.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and shoul","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1205":"重型电气设备","BK1546":"电力设备股","00658":"中国高速传动"},"translate_title":"中国高速传动设备集团涉嫌侵占挪用子公司资金面临刑事调查","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00658":0.9},"content_text":"China High-Speed Transmission Equipment Group Faces Criminal Investigation Over Suspected Embezzlement and Misappropriation of Subsidiaries' Funds\n    \n\n        China High-Speed Transmission Equipment Group Co. Ltd. has announced that a formal criminal investigation has been initiated by the Nanjing Public Security Bureau, Jiangning Branch, regarding suspected embezzlement and misappropriation of funds and assets by individuals in positions of authority within its relevant subsidiaries. The company confirmed that the reported case meets the criteria for criminal case filing under Article 112 of the Criminal Procedure Law of the People's Republic of China. Shareholders and potential investors are advised to exercise caution when dealing in the company's securities.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China High-Speed Transmission Equipment Group Co. 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