亚钾国际董事长被逮捕！曾任副市长，去年在境外落网被遣返回国

Core Viewpoint - The arrest of Guo Baichun, chairman of Yaqi International, on charges of embezzlement and abuse of power, has raised concerns but the company asserts that its operations remain normal and unaffected by this incident [1][2]. Company Developments - Guo Baichun was arrested by the Yinchuan People's Procuratorate on August 19, 2023, for suspected embezzlement and abuse of power, with the case currently under further investigation [2][3]. - Guo Baichun, aged 60, has been serving as the chairman of Yaqi International since January 2020 and was previously the vice mayor of Yinchuan [2][3]. - Yaqi International's stock price has increased by 52.58% year-to-date as of August 19, 2023 [4]. - The company expects to achieve a net profit attributable to shareholders of between 730 million to 930 million yuan for the first half of the year, representing a year-on-year growth of 170% to 244% [4]. - On July 26, 2023, Yaqi International announced a change in its largest shareholder from China Agricultural Production Materials Group to Huineng Holdings Group, which now holds 130 million shares [4][5]. Shareholder Structure - The change in the largest shareholder did not result in a change of control for Yaqi International, which remains without a controlling shareholder or actual controller [5].