16:25 Apr 30 2026

Zhidu Dezheng Investment yesterday confirmed media reports that Lu Hongda, former chairman of its subsidiaries Genimous Technology and Guoguang Electric, has been charged with sexual assault in the US and is being detained in Shenzhen, China, over suspected criminal offenses. The case is set for retrial on May 4, the Chinese firm added, saying that it has been unable to contact Lu since April 20, and that Genimous put out an unauthorized statement of clarification during that period.

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