$SIREN 【Breaking, Manus Founder Restricted from Leaving】Manus CEO Xiao Hong and Chief Scientist Ji Yichao were summoned to Beijing for a meeting by the National Development and Reform Commission this month. After the meeting, they were informed that they were formally restricted from leaving the country due to regulatory review. Previously, the company was acquired by the US Meta for $2 billion, and Xiao Hong became Meta's Vice President. Another narrative: Manus grew from 0 to 1, with Wuhan/Optics Valley providing 2,000㎡ of free space, tax reductions, over 1.2 billion in funding, computing power, talent, policy endorsement, and data openness, making it a typical project nurtured by government + market + universities collaboration. Simply put, the Wuhan government acts as the angel investor. What will government staff do if they leave? It’s reasonable that Xiao Hong and Ji Yichao are restricted from leaving.
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