Why was Chairman Hua 'an arrested?

On April 27th, Tongling Jingda Special Electromagnetic Wire Co., Ltd. (Jingda shares, 600577. SH) Announced that Li Guangrong, the actual controller of the company, was arrested by the People's Procuratorate of Wangcheng District, Changsha City on suspicion of accepting bribes. Prior to this, Li Guangrong was absent from the company's 20 17 annual general meeting of shareholders, and then resigned as a director. The above announcement also stated that Mr. Li Guangrong's above-mentioned acts involved in the case had nothing to do with the Company.

More importantly, Li Guangrong is the chairman and president of Walter Investment Holdings Limited (hereinafter referred to as "Walter Investment"), holding 98.6% of the company's shares. Through Walt Investment, Li Guangrong actually controls Jingda and Huaan Property Insurance Co., Ltd. (hereinafter referred to as "Huaan Insurance"), holding 265,438+0.8% equity of Jingda and 20% equity of Huaan Property Insurance respectively. According to industrial and commercial data, Li Guangrong is the chairman and executive director of Huaan Insurance and the chairman of Huaan Treasure Asset Management Co., Ltd. (hereinafter referred to as Huaan Treasure Asset Management).

In addition, Walter Investment is Liaoning Chengda Co., Ltd. (Liaoning Chengda, 600739. SH), holding 8.06%. Liaoning Chengda mainly has four business segments: medical treatment, financial investment, supply chain service (trade) and energy development. In the financial field, because Liaoning Chengda owns 0/6.4% equity of GF Securities/KLOC-0 and shares of China Insurance, it is regarded as having two financial licenses of securities and insurance.

According to the data, Walter Investment is an investment holding company with financial investment, financial consultancy, investment management and other investment banking businesses as its core, and featuring enterprise mergers and acquisitions, financial research services and venture capital. It has investment bank headquarters, investment management headquarters, China postdoctoral Walter research workstation and Beijing Walter Institute of Finance and Economics and other departments and institutions.

Official website's brief introduction shows that Huaan Insurance is a professional property insurance company approved by the People's Bank of China and formally established on June 5438+06, 2006 and June 5438+08, 2008. Headquartered in Shenzhen, Huaan Insurance has a registered capital of RMB 2 1 100 million, and mainly deals in various types of property insurance, liability insurance, credit guarantee insurance, agricultural insurance, accidental injury insurance, short-term health insurance and reinsurance. Huaan Insurance's 20 17 annual information disclosure report shows that by the end of 20 17, the company's total assets were157.22 million yuan and its net profit was 418.22 million yuan.