Easyhome chairman Wang Linpeng detained; control unchanged

Easyhome New Retail Group (SZSE:000785) announced that its actual controller, chairman, and CEO, Wang Linpeng, has been detained. The company received notification from Wang's family that he is under investigation by the Wuhan Jianghan District Supervisory Committee. Easyhome emphasizes that the control of the company has not changed and that other directors, supervisors, and senior management are performing their duties as normal. The company has made appropriate arrangements and daily operations are managed by senior management. Easyhome states its operations are normal and the detention will not have a major impact on its activities. The company will continue to follow all laws, regulations, and standard documents. Easyhome pledges to provide updates on the matter, urging investors to exercise caution. The company's official channels for information are the "Securities Times", "China Securities Journal", "Shanghai Securities News" and the Juchao Information website.