Fullshare Holdings Reports No Evidence of Misuse in RMB6.64 Billion Case After PRC Law Enforcement Investigation

Reuters

Oct 14, 2025

Fullshare Holdings Reports No Evidence of Misuse in RMB6.64 Billion Case After PRC Law Enforcement Investigation

Fullshare Holdings Ltd. has announced that an internal investigation into the use of RMB6.64 billion, previously raised as a concern, found no evidence that the funds were used for the company or for the personal benefit of its chairman, Mr. Ji Changqun, or other individuals associated with the company. The company has submitted relevant evidence to PRC law enforcement authorities and is awaiting final results from their investigation. Fullshare also highlighted ongoing governance issues at its subsidiary, CHS, including unauthorized amendments to subsidiary Nanjing High Speed's articles and the improper relinquishment of board control without shareholder approval, actions the company described as highly irregular and damaging to shareholder interests. Investors are advised to exercise caution when dealing in the company's shares.

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. Fullshare Holdings Ltd. published the original content used to generate this news brief on October 14, 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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