The Xin Kuai Bao reported that based on the Jinghua Times, Huang Hongsheng, former chairman of Skyworth (Weibo), is now serving as the chairman of Nanjing Golden Dragon Bus Manufacturing Co., Ltd. An informed source disclosed that after being released on bail from prison, Huang Hongsheng established an investment company called Chuangyuan Tiandi. In August 2010, under Chuangyuan Tiandi, a new energy vehicle investment entity named Nanjing Chuangyuan Tiandi Automobile Co., Ltd was founded. In January last year, Xiamen Golden Dragon, Nanjing Chuangyuan Tiandi, and Nanjing Dongyu Automobile Group Co., Ltd signed the "Agreement on the Restructuring of the Three Parties of Nanjing Golden Dragon". The registered capital of Nanjing Golden Dragon increased by 45 million yuan, all of which were subscribed by Nanjing Chuangyuan Tiandi Automobile Co., Ltd in cash.
The above-mentioned informed source revealed that actually, the main investment funds for Nanjing Golden Dragon came from Huang Hongsheng. Joining forces with Xiamen Golden Dragon and Nanjing Dongyu Automobile Group was mainly aimed at obtaining automobile production qualifications.
Huang Hongsheng's profile: Born in 1956, he is the founder of Skyworth, the original chairman of the board of directors of Skyworth Group and Skyworth Holdings. Huang Hongsheng graduated from the Radio Engineering major at South China University of Technology in Guangzhou, and then worked as an assistant engineer at the South China Electronics Import and Export Company. In 1988, Huang Hongsheng moved to Hong Kong and started his own business. In 2000, his company was packaged as a high-tech concept stock and listed in Hong Kong, raising 1 billion HK dollars. On July 13, 2006, Huang Hongsheng and his younger brother, the former executive director of Skyworth, Huang Peisheng, were sentenced to six years in prison for conspiracy to steal and defraud Skyworth Digital of more than 50 million HK dollars. On July 4, 2009, Huang Hongsheng was released from prison on bail.
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