360 Security Technology (SH:601360) Xin Lang Cai Jing·2025-12-16 10:22Core Viewpoint - The news highlights a public dispute between Yu Hong, a former senior vice president of 360 Group, and Zhou Hongyi, the founder of 360 Group, regarding allegations of financial misconduct and defamation [1][5]. Group 1: Allegations and Responses - Yu Hong has made serious allegations against Zhou Hongyi, claiming involvement in financial misconduct amounting to "at least tens of billions" and stating he possesses data to support his claims [1][5]. - 360 Group has issued a statement denying Yu Hong's allegations, describing them as malicious and factually incorrect, asserting that the company operates in compliance with laws and regulations [1][5]. - The company clarified Yu Hong's role, stating he joined in 2014 and left in 2015, and never held a core management position within the group [1][5][6]. Group 2: Legal Actions - 360 Group announced intentions to pursue legal action against Yu Hong for defamation, emphasizing the protection of its reputation and legal rights [1][5]. - The company reiterated its commitment to transparent and compliant financial practices, regularly undergoing audits by authoritative institutions [1][5].