Core Viewpoint - The arrest of Guo Baichun, former deputy mayor of Yinchuan, Ningxia, for embezzlement and abuse of power has raised concerns regarding the governance of the companies he was associated with, namely Yaqi International and Tianyu Digital Science. Group 1: Company Announcements - Yaqi International announced that it was informed of Guo Baichun's arrest by the Yinchuan People's Procuratorate, stating that the matter is personal and unrelated to the company, with normal operations continuing [3]. - Tianyu Digital Science also confirmed Guo Baichun's arrest, emphasizing that it pertains to his personal conduct during his public service and does not affect the company's operations or governance [3]. Group 2: Financial Data - As of the latest closing, Yaqi International's market capitalization is nearly 30 billion CNY [4]. - Tianyu Digital Science's market capitalization exceeds 13 billion CNY as of the latest closing [5].
百亿公司董事长被逮捕,曾被跨国追逃