Yanjing Beer: Chairman and General Manager Zhao Xiaodong was suspected of illegal duties and was investigated and retained

  Beijing News News Yanjing Beer issued an announcement on October 8 stating that Beijing Yanjing Beer Co., Ltd. (hereinafter referred to as the "Company") recently received a notice that Mr. Zhao Xiaodong, the chairman and general manager of the company, was arrested by relevant authorities for alleged violations of the law. The case was filed for investigation and lien measures were taken, and they were unable to perform their duties normally.

  Yanjing Beer stated that the company has made proper arrangements for various tasks and the matter has not had a significant impact on the company's operation and management.

At present, the work of the company is temporarily presided over by Mr. Xie Guangjun, the vice chairman and executive deputy general manager.