Huayi Tencent Entertainment (0419.HK) announced on the Hong Kong Stock Exchange on the morning of January 21 that the company has noticed recent media reports that the company's executive director and CEO Yuan Haibo has lost contact.

The company can get in touch with Yuan Haibo on January 21, but recent media reports on Yuan Haibo are not true.

  The announcement pointed out that the company confirmed that the business operations and financial conditions of the Group remained normal.

Having made reasonable enquiries of the company in the relevant circumstances, the board of directors of the company confirms that save as disclosed in this announcement, the board of directors is not aware of any inside information that is required to be disclosed under Part XIVA of the Securities and Futures Ordinance.

The company's stock will resume trading at 9 am on the 21st.

  Yuan Haibo, 58, is a major shareholder, executive director and chief executive officer of Huayi Tencent Entertainment, and an independent non-executive director of Minsheng International Co., Ltd. (00938.HK).

According to Huayi Tencent Entertainment's 2020 annual report, Yuan Haibo has been engaged in trade, real estate, tourism and service industries since 1990 and has rich business experience.

  According to the announcement of Huayi Tencent Entertainment, Yuan Haibo is currently a member of the Standing Committee of the Beijing Youth Federation.

Since 1990, he has been engaged in trade, real estate, tourism and service industries. In 2005, he was hired as senior vice president by Peking University Jade Bird Group. He mainly divided his work and managed subordinate real estate, cultural media and other industries, and participated in the group's asset restructuring and capital operation. work in many ways.

  According to previous media reports, Yuan Haibo had previously had contacts with Wang Bin, Secretary of the Party Committee and Chairman of China Life Insurance (Group) Company.

A person close to Yuan said Yuan had financial dealings with Wang.

But this claim has not been verified.

On January 8, the website of the Central Commission for Discipline Inspection and the State Supervision Commission announced that Wang Bin is currently undergoing disciplinary review and supervision investigation by the Central Commission for Discipline Inspection and the State Supervision Commission for being suspected of serious violations of discipline and law.

  According to public information, Huayi Tencent Entertainment is mainly engaged in content investment and production such as movies and TV series, mergers and acquisitions and resource integration of international entertainment companies, as well as health management services. The main shareholders are Huayi Brothers (300027.SZ) and Tencent (00700. HK).