360 Security Technology (SH:601360) Sou Hu Cai Jing·2025-12-16 12:29Core Viewpoint - The recent allegations made by Yu Hong against Zhou Hongyi, the founder of 360, regarding financial misconduct and falsification of accounts are strongly denied by 360 Group, which asserts its commitment to compliance and transparency in its operations [1][3][4]. Group 1: Allegations and Responses - Yu Hong accused Zhou Hongyi of being involved in financial fraud, claiming to have data supporting his allegations amounting to at least tens of billions [1]. - In response, 360 Group clarified that Yu Hong had previously worked at Gamewave, which was acquired by Qihoo360 over a decade ago, and that he held no core management position during his tenure at 360 [3]. - 360 Group emphasized that Yu Hong's claims are completely unfounded and that the company adheres to strict compliance with laws and regulations, regularly undergoing audits by authoritative institutions [4]. Group 2: Background on Yu Hong - Yu Hong previously served as the chairman of Quyou Technology Group, which was acquired by 360 Group in 2014, after which he joined 360 as a senior vice president responsible for the gaming business [7]. - During his time at 360, he was involved in the incubation of projects such as Huajiao Live and played a role in the Sogou acquisition [7].