Sentury CFO may face criminal penalties
On December 10, Sentury announced that the Public Security Bureau of Danzhou City, Hainan Province is investigating Xu Huashan, director and chief financial officer. The tyre manufacturer said the investigation relates to Xu Huashan’s work prior to her appointment at Sentury, and that it will not significantly or adversely impact Sentury’s daily business decisions and operations. It is reported that Sentury has arranged for director and general manager Lin Wenlong to perform the duties of the CFO.