Huaxin's investment in three executives was investigated by one of them as a director in 13 companies

On the evening of August 9, the website of the Central Commission for Discipline Inspection released the news that Huaxin Investment was investigated. Among them, Du Yang, former director of Huaxin Investment Management Co., Ltd. (hereinafter referred to as "Huaxin Investment"), and Yang Zhengfan, deputy general manager of the investment, is suspected of serious disciplinary violations and is being reviewed and investigated; Liu Yang was suspected of serious violations and was under investigation.

Picture source: web screenshot

Qixinbao showed that Huaxin Investment was established in August 2014. State Development Bank's State Capital Financial Co., Ltd. holds 45%of its equity. In September of the same year, the National Integrated Circuit Industry Investment Fund Co., Ltd. was established, and Huaxin Investment was one of the sponsor. Subsequently, Huaxin Investment also participated in the investment of the National Integrated Circuit Industry Investment Fund Phase II.

In addition to the above three, Gao Songtao, the former vice president of Huaxin Investment, was suspected of serious illegal illegal and underwent supervision investigations. In July of this year, Lu Jun, former director of Huaxin Investment and former deputy director of the State Development Bank National Development Fund Management Department, was suspected of serious disciplinary violations and was reviewed and investigated.

It is worth mentioning that among the three of them being investigated, Yang Zhengfan served as a director in many A -share listed companies. On the evening of August 9th, companies such as Sino -Micro Corporation, Tujing Technology, Shanghai Silicon Industry, Northern Huachuang, Changchuan Technology, Wanye Enterprise and other companies successively announced their announcements to disclose Yang Zhengfan, director of the company, accepted investigation matters for relevant departments.

According to the Sino -Micro Corporation (SH688012, the stock price is 144.21 yuan, the total market value is 88.869 billion yuan) annual report, Yang Zhengfan was born in 1981, a bachelor's degree in Zhejiang University, and a master's degree in the University of Bristol in the United Kingdom. Earlier, he worked in Tsinghua Tongfang Weiyang Technology Co., Ltd., the People's Bank of China Shenyang Branch, and Kaiyuan (Beijing) Urban Development Fund Co., Ltd. Since 2014, he has worked at Huaxin Investment Management Co., Ltd. and has been investing in a senior manager, senior manager, and deputy general manager of the investment. In addition, Yang Zhengfan also served as a director in 13 companies.

Daily Economic News

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