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On January 13， shortly after its H-share listings， Huishang Bank announced that independent non-executive director Wen Jinghui had resigned from office because “he will dedicate more time and energy to his new job and personal affairs”.
Wen Jinghui， 44， director and partner of Reanda Accounting， is part-time independent director of several listed companies. In 2007， he assumed the office as full-time member of the Issuance Review Committee of China Securities Regulatory Commission （CSRC）. According to CSRC， Wen Jinghui got into auditing business in 1993 and transferred to securities business in 2000.
Huishang Bank indicates that it was informed on January 9th that Wen Jinghui had been investigated by CSRC for law violation since July 4th last year， and the on-going investigation has nothing to do with the Bank.
On January 8th， Huishang Bank announced that Wen Jinghui had submitted his resignation for personal reasons.
Reportedly， Wen Jinghui’s case may involve the false record incident of Tianfeng IPO. Wen Jinghui was one of the auditors having signed on the false record of IPO application files. On April 15th， 2013， the inspection team of IPO financial affairs dispatched by CSRC carried a spot-check to Tianfeng Energy Saving Material Technology Co.， Ltd and found trails of regulation violation in the IPO.
On April 18th， CSRC Inspection Corps launched a preliminary investigation and the company was suspected of inflating income， inflating assets and other regulation violations.
On May 6th， CSRC formally filed the case of Tianfeng IPO.
Wen Jinghui， 44， director and partner of Reanda Accounting， is part-time independent director of several listed companies. In 2007， he assumed the office as full-time member of the Issuance Review Committee of China Securities Regulatory Commission （CSRC）. According to CSRC， Wen Jinghui got into auditing business in 1993 and transferred to securities business in 2000.
Huishang Bank indicates that it was informed on January 9th that Wen Jinghui had been investigated by CSRC for law violation since July 4th last year， and the on-going investigation has nothing to do with the Bank.
On January 8th， Huishang Bank announced that Wen Jinghui had submitted his resignation for personal reasons.
Reportedly， Wen Jinghui’s case may involve the false record incident of Tianfeng IPO. Wen Jinghui was one of the auditors having signed on the false record of IPO application files. On April 15th， 2013， the inspection team of IPO financial affairs dispatched by CSRC carried a spot-check to Tianfeng Energy Saving Material Technology Co.， Ltd and found trails of regulation violation in the IPO.
On April 18th， CSRC Inspection Corps launched a preliminary investigation and the company was suspected of inflating income， inflating assets and other regulation violations.
On May 6th， CSRC formally filed the case of Tianfeng IPO.