Jiemian News Reporter | Gao Jing On March 18, after 45 days, Fang Hongcheng, the former general manager of Hesheng Silicon Industry (603260.SH), was charged with job embezzlement and bribery by non-state employees, and the case was held again in the People's Court of Pinghu City,

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Interface News Reporter | Gao Jing

html On March 18, after 45 days, Fang Hongcheng, the former general manager of Hesheng Silicon Industry (603260.sh), was charged with job embezzlement and bribery by non-state employees, and the case was held again in the People's Court of Pinghu City, Zhejiang Province .

Jiemian News Reporter | Gao Jing On March 18, after 45 days, Fang Hongcheng, the former general manager of Hesheng Silicon Industry (603260.SH), was charged with job embezzlement and bribery by non-state employees, and the case was held again in the People's Court of Pinghu City, - Lujuba

Court announcement, photographed by Gao Jing

The case was a public prosecution case and was heard in court on January 29. Hesheng Silicon was the victim and brothers Fang Hongcheng and Fang Hongxing were the defendants.

During the trial, progress was not smooth due to issues such as the jurisdiction of the case being questioned and Fang Hongcheng's questioning of the investigators' on-site observation. Until the adjournment on February 2, the case trial had not yet entered the court investigation stage.

The content of the court hearing on the morning of March 18th still centered around the pre-trial conference report. The court gave Fang Hongcheng half an hour to continue to express his opinions on the procedural issues of the pre-trial conference report. Fang Hongcheng's opinions continued from the previous hearing and still centered on the jurisdiction of the Pinghu People's Court.

Half an hour later, Fang Hongcheng still had not finished expressing his opinion. It said that in addition to jurisdictional issues, it also had opinions on issues such as recusal, exclusion procedures and witnesses appearing in court to testify in the pre-trial conference report, but did not elaborate.

The court believed that Fang Hongcheng had expressed his opinions on the pre-trial conference report for 10 hours and had given Fang Hongcheng full rights. So the trial continued, and Fang Hongxing and the defense lawyer were asked for their opinions on the pre-trial conference report. During this period, Fang Hongcheng kept raising his hand to indicate that he wanted to continue speaking.

When the court opened in the afternoon, Fang Hongcheng continued to raise his hand to indicate that he wanted to speak, and repeatedly said, "Please protect the defendant's basic litigation rights." After the court asked him to speak briefly to express his demands, Fang's attorney from Halcyon Silicon and Fang's attorney from Fang Hongcheng's brothers spoke in turn. view.

The court emphasized again that it had provided Fang Hongcheng with sufficient time at this stage. With the advancement of the court, the afternoon trial entered the stage where the prosecutor read out the indictment. During this period, brothers Fang Hongcheng and Fang Hongxing lost control of their emotions and continued to shout "Please guarantee my basic litigation rights" and "Please guarantee my human rights"... The indictment learned by

Interface News shows that during Fang Hongcheng's tenure at Hesheng Silicon, Lianhe Fang Hongxing used the "hydrolysis oil" produced by Hesheng Company to make profits through various forms of transactions. After Fang Hongcheng resigned, Hesheng Silicon discovered the above-mentioned problems during its executive resignation audit and reported it on May 13, 2019.

The indictment shows, "Defendant Fang Hongcheng and defendant Fang Hongxing took advantage of their positions to extort property from others and seek benefits for others when selling 'hydrolyzed oil'. The amount amounted to more than 5.6 million yuan, which is a huge amount; when selling 'hydrolyzed oil' The amount of the transaction amounted to more than 25.99 million yuan, which is a huge amount."

As of that day, the trial was adjourned. The trial was at the stage where Fang Hongcheng expressed his opinions on the indictment. This stage is during the court investigation stage. the early stage.

According to Fang Hongcheng’s family, the court session will last for several days until the end of the trial.

On November 12 last year, the WeChat official account "Family of Fang Hongcheng's Unjust Case" posted a real-name report on Luo Liguo for threatening city leaders to interfere with the judiciary by relocating a listed company, which led to Fang Hongcheng and his brother Fang Hongxing being detained since September 2022. They are still involved. The Rashomon question of "Who allowed the illegal handling of hydrolyzed oil, a hazardous chemical" emerged. The conflict between the two parties was subsequently made public. Currently, the article has been deleted.

On January 26 this year, the WeChat official account published an article titled "Reporting the real-name report again to Luo Liguo, the billionaire and chairman of Hesheng Silicon Industry: forging official documents, concealing hazardous waste disposal, and fraudulent listings."

html On March 16, Fang Hongcheng’s family once again chose to disclose their report against Hesheng Silicon on the eve of the trial. The content of this report was Fang Hongcheng’s in-court report during the trial on February 2, as well as relevant evidence and clues.

According to Fang Hongcheng’s family, Luo Liguo, chairman of Hesheng Silicon Industry, arranged for his relatives to set up a private “small treasury” and pay senior executives’ salaries through the “small treasury” to avoid taxes.

So far, Fang Hongcheng’s family has publicly reported against Hesheng Silicon Industry many times. The reports included interference in the judiciary, forgery of official documents, concealment of hazardous waste disposal, and fraudulent listing.

In the article "Fang Hongcheng's letter to colleagues at Hesheng: He said he "didn't know", he said "you did this"" published by Fang Hongcheng's family before the court session on March 18, Fang Hongcheng wrote, "I All reports are to prove that they are aware of those things, and are done according to their requirements to maximize their interests. These reports of mine are not ultimately intended to affect or destroy the work I have devoted my youth and sweat to. Hesheng Company - just to prove his innocence." Fang Hongcheng's self-narrative article "How I was framed and imprisoned" previously published by

shows that Hesheng Silicon accused him of constructing a low-boiling hydrolysis oil project without authorization for personal gain. He and his brother Fang Hongxing collected commercial bribes by profiting from the disposal of hydrolysis oil. Therefore, Hesheng Silicon reported that Fang Hongcheng was suspected of job embezzlement and refused to cash in the equity.

This equity includes the equity incentive shares of Hesheng Silicon Industry’s Fang Hongcheng and part of the incentive equity promised to the party by Luo Liguo. If calculated based on the historical high stock price of Hesheng Silicon Industry of 252.79 yuan in September 2021, the value of this part of the stock exceeds 300 million yuan.

Low-boiling chemicals are dangerous chemicals and are ancillary products of silicone production. Failure to dispose of them in time will lead to production suspension.

Fang Hongcheng stated in his self-report that Luo Liguo was fully aware of and allowed to encourage the handling of the hydrolysis oil project, and counter-accused that Hesheng Silicon was suspected of environmental pollution crimes and illegal production and operation of hazardous chemicals.

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