China First Heavy Duty: Chairperson Lu Wenjun is suspected of serious disciplinary violations and is currently under review

On May 9, China First Heavy announced that the company's legal representative, chairperson, and party secretary Lu Wenjun are suspected of serious violations of discipline and law, and are currently under disciplinary review and supervision investigation by the Central Commission for Discipline Inspection and the State Supervision Commission. The company will hold a board meeting as soon as possible to elect a director to act as chairperson and act as legal representative. Other directors, supervisors, and senior management personnel of the company are currently performing their duties normally, and the company's production and operation are normal and have not been significantly affected.