600360，73岁原董事长被刑事立案

Core Viewpoint - The former chairman of *ST Huami, Xia Zengwen, has been criminally charged by the Jilin City Public Security Bureau for "suspected information disclosure violations and failure to disclose important information" [2][3] Group 1: Criminal Charges and Legal Proceedings - Xia Zengwen was officially charged on September 19, 2024, with the police determining that there are "criminal facts that need to be pursued" [3] - Alongside Xia, former nominal actual controller Zeng Tao is also under investigation [4] - The former vice chairman Wang Yufeng's case regarding embezzlement is set to be heard on October 13, 2025, marking a critical point in the ongoing disputes over equity and funds [4] Group 2: Company Control and Governance Issues - Xia Zengwen, aged 73, has been involved with Huami Electronics since its inception, serving as chairman from 1990 until the present [6] - Despite Zeng Tao being recognized as the apparent actual controller since 2014, Xia has been the true controller within the company, a fact that was not disclosed for years [7] - The 2023 audit report revealed significant financial discrepancies, including unaccounted payments totaling 1.484 billion yuan, raising concerns about the company's financial integrity [7] Group 3: Regulatory Actions and Penalties - The China Securities Regulatory Commission (CSRC) initiated investigations into *ST Huami in May and October 2024, following the disclosure of non-operating fund occupation issues [9] - The Jilin Securities Regulatory Bureau issued a notice of administrative penalties in January 2025, citing severe violations by Xia and Zeng, leading to lifetime bans from the securities market [9][10] - The Shanghai Stock Exchange publicly reprimanded Xia Zengwen in April 2025, declaring him unfit to serve as a director or senior executive of a listed company [10] Group 4: Historical Context and Previous Allegations - Xia Zengwen has a history of alleged misconduct, including a 2018 case where he was implicated in bribery related to a land acquisition project, although he has not faced consequences for this incident [11]