Hong Kong (CNN Business) A Chinese tech entrepreneur has been detained by police on suspicion of bribery, his company said in a statement Thursday.

Baofeng Group said in a stock exchange filing that its founder, chairman and CEO Feng Xin was suspected of bribing a "non state" actor. The company cited a detention notice issued by police.

Baofeng did not elaborate on the nature of the allegation, except to say that it is "not about corporate crime," and that it does not know if the matter is "related to the company."

"We have not received any notice that the company will be investigated," Baofeng added.

CNN has been unable to contact a representative for Feng.

Read More