Li Hejun, the founder of China’s solar energy giant Hanergy Thin Film Power Group, was taken away by police in China’s northeastern Liaoning Province on Dec. 17, according to Caixin, a major Chinese financial news portal.
Li was detained by police to “assist investigators” and hadn’t been seen as of the time of reporting, Caixin reported on Jan. 11. Caixin
says that the reason for Li’s detention is still unknown.
Li’s arrest could be related to a loan granted by Jinzhou Bank, a city commercial bank in Liaoning Province, to Hanergy Group, according to Securities Times, a Chinese state-run financial portal. …
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