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Director of China’s OFilm Group Under House Arrest

Started by Epoch-Times-Bot, Oct 07, 2022, 10:30 AM

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Epoch-Times-Bot

Oct 07, 2022, 10:30 AM
Director of China's OFilm Group Under House Arrest

Prominent Chinese company OFilm Group Co. Ltd., a manufacturer of optoelectronic components and former Apple supplier, released a notice on Sept. 27 saying Cai Gaoxiao, director and deputy general manager of the company, was placed under house arrest by local public security in Taizhou, Zhejiang Province.
The notice stated that Cai has submitted a written resignation, quitting all positions he held in OFilm, adding that at the present stage, the case appears to be Gao's personal matter and has nothing to do with the company.
Cai is a shareholder of Glory United Limited, through which he indirectly holds about 8.73 percent shares of OFilm. Moreover, his brother Cai Rongjun is the actual controller of OFilm....

Source: Director of China's OFilm Group Under House Arrest

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