Sanhuan Group clarifies reports that the former chairman of the company has been approved for arrest

category:Finance
 Sanhuan Group clarifies reports that the former chairman of the company has been approved for arrest


According to public information, Zhang Wanzhen is the chairman of Sanhuan Group. Zhang Wanzhen was born in December 1949. He is a Chinese national. He has no right of permanent residence abroad. He has junior high school education, senior political engineer and economist. Since 1992, he has been the chairman of the company. Up to now, Zhang Wanzhen holds 53,592,000 shares of the company and is the actual controller of the company and the controlling shareholder of Chaozhou Sanjiang Investment Co., Ltd.

Earlier, on August 29, Sanhuan Group released its semi-annual report. The announcement shows that the companys half-year operating income is 1,362,286,574.39 yuan, down 23.32% from the same period last year, and the net profit of shareholders belonging to listed companies is 468,885,369.17 yuan, down 15.03% from the same period last year.

The Sanhuan Group Co., Ltd. mentioned in relevant media reports is an independent legal entity registered in Hubei Province. According to the official Wechat of Wuhan Peoples Procuratorate, on August 15, 2019, Shu Jian, former Party Secretary and Chairman of Sanhuan Group Co., Ltd., was transferred from Hubei Provincial Supervision Committee to Wuhan Peoples Procuratorate for examination and prosecution on suspicion of embezzlement, bribery, embezzlement of public funds and abuse of power by personnel of state-owned companies. On August 26 of the same year, the Wuhan Peoples Procuratorate decided to arrest the criminal suspect Shu Jian according to law on the above charges.

Annex: Clarification Announcement of Chaozhou Sanhuan (Group) Co., Ltd. on Relevant Media Reports

I. Hearsay

Recently, in the relevant media, there appeared the headlines of Shu Jian, former chairman of Sanhuan Group Co., Ltd. was approved to be arrested, Shu Jian, former chairman of Sanhuan Group Co., Ltd., the latest news of the current situation! Shu Jians arrest and other reports indicate that the Sanhuan Group mentioned in the above report is the same as Chaozhou Sanhuan (Group) Co., Ltd. (hereinafter referred to as our company or company) securities. Meanwhile, the Sanhuan Group (300408) is also misconnected, causing misleading to some investors.

After verification by our company, the relevant information source is the relevant content of Shu Jian, former Secretary and chairman of the Party Committee of the Third Ring Group Co., Ltd. Approved and arrested by the Wuhan Peoples Procuratorate in accordance with the law, published by the official Wechat Public Number of the Wuhan Peoples Procuratorate. (The webpage link is https://mp.weixin.qq.com/s/0pR6mBpgKLzQ04jPY_A). The third part of the article is mentioned above. Ring Group Limited is an independent legal entity registered in Hubei Province. It has nothing to do with our company and our related personnel. 3. Important hints that the company is called Chaozhou Sanhuan (Group) Co., Ltd. for short as Sanhuan Group. When reading relevant reports, investors should pay attention to distinguishing and discerning, so as to avoid misunderstanding. I hereby announce. Chaozhou Sanhuan (Group) Co., Ltd. Board of Directors September 11, 2019 This article source: Peng Mei News Responsible Editor: Wang Xiaowu_NF

After verification by our company, the relevant information source is the relevant content of Shu Jian, former Secretary and chairman of the Party Committee of the Third Ring Group Co., Ltd. Approved and arrested by the Wuhan Peoples Procuratorate in accordance with the law, published by the official Wechat Public Number of the Wuhan Peoples Procuratorate. (The webpage link is https://mp.weixin.qq.com/s/0pR6mBpgKLzQ04jPY_A). The third part of the article is mentioned above. Ring Group Limited is an independent legal entity registered in Hubei Province. It has nothing to do with our company and our related personnel.

Important tips

The company is called Chaozhou Sanhuan (Group) Co., Ltd. for short as Sanhuan Group. When reading relevant reports, investors should pay attention to distinguishing and discerning, so as to avoid misunderstanding.

I hereby announce.