Capcloud made an announcement stating that, on February 24, 2026, the company opted to terminate its significant asset restructuring initiative. This plan had initially aimed to acquire the full equity stake in Nanning Tech Semiconductor Co., Ltd. The timeframe for the self-examination extends from August 25, 2025, to February 24, 2026, and encompasses personnel from both the company and its affiliated entities. The inquiry uncovered that Guotai Haitong and its subsidiaries conducted stock trading activities during this interval. However, they clarified that these actions fell within the realm of regular business operations and bore no direct link to the asset restructuring deal. Furthermore, it was discovered that four individuals, among whom was Qi Mengxuan, had engaged in stock trading. All of them pledged that they had not leveraged insider information for their trading activities. Capcloud is of the opinion that the stock trading actions of these entities do not amount to insider trading.
