Chairman At China Manufacturer Investing $916 Million In Ohio Out From Home Surveillance, Back At Office

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Chinese police have ended their home surveillance of the billionaire chairman of a manufacturer planning to invest $916 million in Ohio, the company said in a stock filing in China today.

Yunnan Energy New Material, a China-headquartered supplier of lithium battery components, said Paul Lee had returned to work in “recent days.”

Lee and his brother Li Xiaohua, the company’s vice chairman, had been put under surveillance in November, according to an earlier company announcement.

Yunnan Energy said on Jan. 30 that Li was already back at the office. The announcements didn’t provide any details about the matter.

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