11 masked men broke into the company with weapons at 5am in the morning, and the gold of a Chinese company's overseas subsidiary was robbed, with a loss of $900,000! The police arrested 5-6 people, but the whereabouts of the gold is still unknown...

11 masked men broke into the Chinese company's overseas subsidiary at 5 a.m. with weapons, and the gold was robbed, with a loss of $900,000! The police arrested 5-6 people, but the whereabouts of the gold is still unknown...

2024-08-15

Editor Cheng Peng

On the evening of August 14, A-share listed company Xiaocheng Technology (300139) released its 2024 semi-annual report, which disclosed the latest developments in the "gold theft incident" of its overseas subsidiary.

It was disclosed that on April 18, 2024, Ghana time, Akroma Gold Company, a subsidiary of Xiaocheng Technology in the Republic of Ghana, suffered an armed robbery and attack.

"So far, through the efforts of the National Police Agency, the Ministry of State Security, and the release of a reward for clues, a total of 5-6 people have been arrested and detained by the police," Xiaocheng Technology's announcement showed. However, the search for the whereabouts of the gold is still ongoing.

Image source: Company's 2024 half-year annual report

According to a report by Securities Times e Company on August 14, a relevant staff member of Xiaocheng Technology’s securities department said:"Although we have arrested 5-6 people, we have not yet obtained the final result. Because the information was reported by an overseas company, we may not fully understand the situation at the time. We will announce any progress later."

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11 masked men broke into the Chinese company's overseas subsidiary at 5 a.m. with weapons, and the gold was robbed, with a loss of $900,000! The police arrested 5-6 people, but the whereabouts of the gold is still unknown...

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