Li Yuexian, chairman of Yaguang Technology (300123.SZ), was detained

According to Zhitong Finance App News, Yaguang Technology (300123.SZ) issued an announcement. On July 4, 2025, the company received a notice from the family of Mr. Li Yuexian, the actual controller and chairman of the company. It received a “Notice of Retention” on Mr. Li Yuexian issued by the Huaxian County Supervisory Commission. Mr. Li Yuexian was placed in custody.

The company has a complete governance structure and internal control mechanism, and the company's executive team is responsible for daily operation and management. At present, the company's production, operation and management situation is all normal. Other directors, supervisors and senior management are performing their duties normally, and the board of directors performs relevant duties in accordance with the law. As of the date of disclosure of the announcement, the company was unaware of the progress and conclusion of the above matters.