Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2016
Former General Manager Wang Yifang, Later HBIS Chairman, Falls; Engaged in Power-for-Sex Transactions
Wang Yifang, former general manager of Tangsteel Group and former chairman of HBIS Group, was investigated in July 2016 on suspicion of serious disciplinary violations. In December 2016, he was expelled from the Party and dismissed from public office; the notice stated that he engaged in power-for-sex transactions.