On the evening of January 26, Huabao Flavours & Fragrances Co.Ltd(300741) said, "the company learned from Zhu linyao's family that Zhu linyao has been subjected to residential surveillance at the designated residence."
It is reported that Zhu linyao's investigation may be related to the anti-corruption action of the tobacco system.
In fact, on the same day that Zhu linyao was filed for investigation, on January 24, the website of the State Supervision Commission of the Central Commission for Discipline Inspection disclosed that Zhou Tao, deputy secretary of the Party group and general manager of Yunnan China Tobacco Industry Co., Ltd. (hereinafter referred to as "Yunnan China Tobacco") was suspected of serious violation of discipline and law and voluntarily surrendered.
Yunnan Zhongyan, where the general manager voluntarily surrendered, is not only an important major customer of Huabao Flavours & Fragrances Co.Ltd(300741) , but also has an extremely abnormal special interest relationship with each other.
A criminal judgment issued by the economic news reporters in twenty-first Century showed that Huabao Flavours & Fragrances Co.Ltd(300741) 's Tianhong flavor Co., Ltd. (hereinafter referred to as "Yunnan Tianhong"), a subsidiary of Huabao Flavours & Fragrances Co.Ltd(300741) , had bribed the relevant officials of Yunnan tobacco in Yunnan. At that time, Zhu Linyao was the director of Yunnan Tianhong.
Quite dramatically, on November 25 and 26, 2021, Huabao Flavours & Fragrances Co.Ltd(300741) (300741. SZ) held training on anti fraud and anti bribery related systems in Shanghai park.
Unexpectedly, two months later, Ms. Zhu linyao, the actual accuser of Huabao Flavours & Fragrances Co.Ltd(300741) , was filed for investigation by Leiyang Supervision Commission of Hunan Province (hereinafter referred to as "Leiyang Supervision Commission") on suspicion of violating the law.
essence queen endangered
From January 24 to 26, Huabao Flavours & Fragrances Co.Ltd(300741) the deviation of closing price decline for three consecutive trading days reached 30%.
In response to the sharp abnormal fluctuation of the company's shares, Huabao Flavours & Fragrances Co.Ltd(300741) issued a Clarification Announcement, "The company conducted self inspection on relevant matters and verified relevant matters in writing to the controlling shareholder and actual controller of the company. Up to now, the company has not received a reply from the actual controller Zhu linyao. The company learned from his family that Zhu linyao has been supervised at the designated residence."
In response to the 21st Century Business Herald reporter's interview, Huabao Flavours & Fragrances Co.Ltd(300741) said, "at present, Huabao Flavours & Fragrances Co.Ltd(300741) production and operation are normal, and the daily operation and management of listed companies is in the charge of the company's senior management team, which will not have a significant impact on the company's operation."
So, what crime will be suspected of being "residential surveillance of designated residence"?
Article 75 of the code of criminal procedure provides that: "Surveillance residence should be executed in the residence of the suspect and defendant; where there is no fixed residence, it can be executed in the designated residence. For the crime of terrorism endangering national security and terrorist activities, the execution of the crime may be obstructing the investigation at the place of residence, and can be executed in the designated residence after the approval of the higher level public security organ. However, it shall not be held in the place of detention or in the special place for handling the crime. OK. "
A lawyer in Shanghai told the twenty-first Century business reporter that in general, "surveillance residence" is to restrict the suspect from leaving his residence or designated residence within the prescribed time limit. "Designated residence monitoring residence" is completely different. "It is a difference between 4 words. The difference between them is great. It is a designated place to appoint a place to live in a certain area, and it is a serious problem to deal with the suspect.
"Little partner" executives have been sacked one after another
The anti-corruption action of the tobacco system has been strengthened in recent years, and some senior customers of Huabao Flavours & Fragrances Co.Ltd(300741) have been sacked one after another, especially Yunnan China tobacco and Hunan China Tobacco Industry Co., Ltd. (hereinafter referred to as "Hunan China Tobacco").
Among them, at least three former senior managers of Yunnan Zhongyan have been investigated.
On January 2, 2019, Li Tianfei, member of the Party group and deputy general manager of Yunnan China Tobacco Group, was filed for review and investigation for serious violations of discipline and law; On November 29, 2021, Yao Qingyan, former party secretary and general manager of Jiangxi China Tobacco Industry Co., Ltd., was subject to disciplinary review, supervision and investigation. He served as a member of the Party group and deputy general manager of Yunnan China tobacco from February 2005 to April 2014.
On January 24, 2022, Zhou Tao, deputy secretary of the Party group and general manager of Yunnan China Tobacco Group, was also exposed. He "voluntarily surrendered to the case and accepted the examination and investigation because he was suspected of serious violation of discipline and law."
Similarly, two former senior executives were also investigated in Hunan Zhongyan. On October 30, 2020, Lu Ping, Secretary of the Party group and general manager of Hunan Zhongyan, was suspected of serious violation of discipline and law and was subject to disciplinary review, supervision and investigation; On August 23, 2021, Liu Jianfu, a member of Hunan tobacco Party group and deputy general manager, was suspected of serious violation of discipline and law and voluntarily surrendered to the case for examination and investigation.
The "close relationship" between Liu Jianfu and Huabao group can be traced back to 2011.
According to public reports, on March 29, 2011, "Hunan tobacco / Huabao group joint Key Laboratory" held the unveiling ceremony and the first meeting of the academic committee in Changsha, Hunan.
At this meeting, Liu Jianfu jointly unveiled the joint key laboratory as the chief engineer of Hunan China tobacco and Xia Zhenglin, assistant to the president of Huabao group and chairman of Jinye holdings.
Huabao Flavours & Fragrances Co.Ltd(300741) the prospectus shows that from 2015 to 2017, Yunnan Zhongyan and Hunan Zhongyan were their first and second largest customers respectively.
In fact, the "buddy" of the "Queen of fragrance" has not only led several senior leaders of Yunnan tobacco and Hunan tobacco.
On September 23, 2021, Zhang yanlei, former deputy general manager of Jiangsu China Tobacco Industry Co., Ltd. (hereinafter referred to as "Jiangsu China Tobacco"), and Xu Changshen, former deputy inspector of Shandong China Tobacco Industry Co., Ltd. (hereinafter referred to as "Shandong China Tobacco"), were also "subject to disciplinary review, supervision and investigation".
You know, Jiangsu Zhongyan and Shandong Zhongyan are also among the top ten customers of Huabao Flavours & Fragrances Co.Ltd(300741) .
Huabao Flavours & Fragrances Co.Ltd(300741) 2020 annual report shows that the tobacco flavor customers include "Yunnan, Shanghai, Hunan, Zhejiang, Guangdong, Guizhou and other 19 provinces of China tobacco industry company."
commercial bribery caught
The 21st Century Business Herald reporter learned that Yunnan Tianhong, a subsidiary of Huabao Flavours & Fragrances Co.Ltd(300741) , and its employees paid bribes to the relevant principals of Yunnan China Tobacco in 2017 and 2018.
A criminal judgment from the "people's Court of Eshan Yi Autonomous County, Yunnan Province" shows that the defendant Zhang Tiandong, the former director of Hongyun Honghe (Group) technology center of Yunnan China Tobacco Technology Center, "He was detained by Yuxi Supervision Committee on August 15, 2019 on suspicion of bribery; he was criminally detained on December 20, 2019 and arrested on December 30 of the same year after being decided by Eshan County People's Procuratorate."
The judgment clearly states that, Before the Spring Festival in 2017 and before the Spring Festival in 2017, the defendant Zhang Tiandong took advantage of his duties as director of the technical center of Hongyun Honghe (Group) of Yunnan tobacco technology center, and illegally received 2 yuan 150 thousand yuan from the general manager of Tianhong flavor Co., Ltd. in Song Dynasty, and 1 million yuan from Lin manager, who was given by the business manager, and in Hongyun Red River (Group). In the process of purchasing essence, Yunnan Tianhong flavor Co., Ltd. is seeking benefits.
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Song Mou Lin's testimony also confirmed "In order to improve and retain the share of flavors and fragrances sold by Huabao company in Yunnan tobacco company, Huabao set up a subsidiary company in Yunnan, Yunnan Tianhong company, mainly selling and selling tobacco flavors and fragrances in Yunnan. The manager of Yunnan Tianhong company, Song Mou, and Lin Lin, a business member, were sent to Yunnan red smoke Industry Co., Ltd. in 2017 and 2018 before the Spring Festival. Zhang Tiandong, director of the technology center, $150000 and RMB 1 million. "
Moreover, the judgment also shows that Li Tian Fei, the deputy general manager of the Yunnan tobacco company, has asked to increase the consumption of flavors and fragrances in Huabao company when making the product formula. In 2017, the fact that the sales volume of Huabao group's flavour sales increased in Yunnan Tobacco Industry Co., Ltd. increased.
According to the data of qixinbao, Yunnan Tianhong was founded on June 25, 2001. Its current shareholders are Huazhi Trading Co., Ltd., which holds 20% of the shares, Lisheng International Development Co., Ltd., which holds 40% of the shares, and Yunnan hehe (Group) Co., Ltd. (hereinafter referred to as "Yunnan hehe"). Among them, Huabao Flavours & Fragrances Co.Ltd(300741) controls Huazhi Trading Co., Ltd. and Lisheng International Development Co., Ltd., and Yunnan hehe is the company controlled by Yunnan Zhongyan.
It is worth noting that Zhu linyao served as a director of Yunnan Tianhong from July 29, 2015 to August 7, 2018, and the bribery of Yunnan Tianhong to Zhang Tiandong happened during his tenure as a director.
