Fuheng New Materials announced that on November 5, 2026, the company received a notice of detention from Financial Director Lai Chunjuan's family and learned that Lai Chunjuan was taken into criminal detention on suspicion of bribery by a non-state worker and was unable to perform his duties normally. Currently, the company is operating normally. For the time being, Chairman Yao Xiuzhu is taking over the duties of financial director.

Fuheng New Materials announced that on November 5, 2026, the company received a notice of detention from Financial Director Lai Chunjuan's family and learned that Lai Chunjuan was taken into criminal detention on suspicion of bribery by a non-state worker and was unable to perform his duties normally. Currently, the company is operating normally. For the time being, Chairman Yao Xiuzhu is taking over the duties of financial director.