10:02 Aug 05 2026

Chinese entrepreneur Ai Luming, who is also the former richest person in Hubei and chairman and founder of Wuhan Dangdai Group, was taken into criminal detention by the Wuhan Public Security Bureau on July 8 on suspicion of illegally absorbing public deposits, Ai’s lawyer said online yesterday. The Chinese high-tech firm focused on pharmaceuticals entered bankruptcy reorganization proceedings in 2024.

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