Zhu Wenchen

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Zhu Wenchen is a Chinese billionaire who founded and chairs Furen Phramaceutical, which he acquired as Shanghai Minfeng Industrial Group in 2006. [1] He also owns a liquor firm, Songhe Liquor. He is known for being rather publicity-shy. [2]

In 2020, the Chinese authorities looked into Furen's financials and found the group guilty of falsifying its performance for years. Zhu Wenchen was held responsible and banned from the securities market for 10 years. [3]

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References

  1. "Zhu Wenchen". Forbes. Retrieved 2020-02-20.
  2. "Zhu Wenchen, the former richest man in Henan Province, was found to have exploded mines in Furen Pharmaceutical Industry | jqknews". jqknews. Retrieved 2020-02-20.
  3. "Furen Pharmaceuticals financial fraud was fined 5.9 million yuan real controller Zhu Wenchen 10 years market ban". topic.echemi.com. 2020-11-05. Retrieved 2022-11-29.