HNA Group announced that the company's chairman Chen Feng and CEO Tan Xiangdong were taken for compulsory measures.
According to the announcement, HNA Group received a notice from Hainan Public Security today (24th) that Chen Feng and Tan Xiangdong were taken for mandatory measures for suspected illegal crimes.
HNA Group emphasized that the operation of the company and member companies is stable and orderly, the bankruptcy and reorganization work is progressing smoothly, and production and operation will not be affected by any.
