Xinchen China Power Holdings Ltd. (HK:1148) has released an update.
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Xinchen China Power Holdings Limited has announced that their chairman, Mr. Wu Xiao An, has been cleared of all charges by the Hong Kong Independent Commission Against Corruption, with the investigation now closed and no further action to be taken. The company reassures that the investigation did not negatively affect its operations, which continued normally throughout the process. The business leadership remained steadfast, with Mr. Wu fulfilling his duties during the investigation period.
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