Xu Huashan resumes Sentury CFO role

Recently, Sentury announced that it had re-appointed Xu Huashan as Chief Financial Officer (CFO). Information shows that in January 2018, Xu Huashan succeeded Zhang Lei and became the tyre manufacturer’s CFO. There were changes to her term in 2022.

TyrepressChina reports that, in December last year, Xu Huashan, then director and financial director of Sentury, was subject to criminal coercive measures by the Public Security Bureau of Danzhou City, Hainan Province. Information recently disclosed by Sentury shows that Xu Huashan was put under “residential surveillance measures” by law enforcement agencies due to “related work issues before joining Sentury”.

In June 2023, relevant departments lifted Xu Huashan’s “residential surveillance”. It is reported that the Wenchang Municipal Supervisory Committee has opened an investigation into Xu Huashan’s alleged problems and, in September this year, made a decision of “repentance”.

While Xu Huashan was under investigation, Sentury removed her from the positions of director (March 2023) and CFO (February 2023). The tyre manufacturer said she was “temporarily unable to perform its normal duties as director and CFO during the investigation”.