Bao Fan is suspected of ending cooperation with the investigation. Huaxing Capital responded that he resigned from all positions in February last year

ChainCatcher news, recently, according to Caixin citing multiple sources, Bao Fan has ended his cooperation with the investigation. It has been about two and a half years since Bao Fan was initially detained by the relevant authorities, and with his recent reappearance, the public is concerned whether he has completely returned to freedom.

Huaxing Capital stated that Mr. Bao Fan officially resigned from his positions as Executive Director, Chairman of the Board, CEO, and all related roles on February 2, 2024. From now on, Mr. Bao Fan will no longer participate in the group's daily management and operations, and Huaxing Capital will not respond to personal issues.