In May 2025, Huang Renxun (left) visited Taiwan, and Huang Le (right) also appeared at a business meal at Sanliu Restaurant. (Picture taken from @CollinRugg’s photo at X)
[Financial Channel/Comprehensive Report] Huang Renxun, the founder of Huida, was involved in extramarital affairs and national security turmoil, and his relationship with Chinese businessman Huang Le has attracted much attention. The two have been together in public many times in the past. Huang Renxun came to Taiwan three times this year, including arriving in advance in May to participate in GTC and COMPUTEX events. He stayed there for 14 days. On August 23, he suddenly took a private jet to Taipei. On the other hand, Huang Le, a key figure related to the suspicion of Huida chips flowing to China, has visited Taiwan eight times in the past two years, but did not enter Taiwan once in 2026. What is even more noteworthy is that the United States reportedly advised Taiwan to pay attention to her whereabouts as early as 2024. Has Huang Le already noticed the change in the trend?
Chairman of the Mainland Affairs Council Qiu Chuizheng recently confirmed that Huang Le came to Taiwan three times in 2024 and five times in 2025, a total of eight times in two years. He entered Taiwan as a general business visitor with a Hong Kong passport. He was not specially noted at the time, and there was no entry record in 2026. Huang Le appeared at Huang Renxun-related events during COMPUTEX in 2024 and 2025. In May 2025, he was photographed attending a dinner hosted by Huang Renxun for supply chain people. The interaction between the two also became the focus of outside attention.
The U.S.’s focus on Huang Le and Megaspeed, which he controls, is related to the suspected transshipment of Huida’s advanced AI chips through Southeast Asia. Megaspeed is a data center operator registered in Singapore. Huang Le once served as the company's CEO, chairman and important controller. The United States suspects that Megaspeed-related companies have obtained Huida's advanced AI servers and chips in large quantities, but some of the equipment may not have been installed according to the originally declared purpose. Instead, it was transported through Malaysia and other places, and eventually flowed to the Chinese market that is subject to U.S. export controls.
The New York Times published an investigative report in October 2026, revealing relevant information held by U.S. intelligence agencies. The report pointed out that US officials believe that Huang Le may be a Chinese intelligence asset and is suspected of providing information to Beijing; during US surveillance, it was also discovered that she has a close relationship with Huang Renxun. The report also pointed out that US President Trump received relevant intelligence briefings in 2025, but did not take action at that time. Huida stated that the interaction between Huang Renxun and Huang Le was a normal customer transaction, and the customer obtained normal business information and did not come into contact with sensitive commercial secrets or national security information; China also denied relevant espionage accusations.
What is even more concerning is that the New York Times further disclosed in early November that the United States had suggested that Taiwan pay attention to Huang Le's visit to Taiwan as early as 2024. The report quoted people familiar with the matter as saying that the U.S. authorities had already raised concerns about Huang Le and her chip procurement activities at the time, and therefore suggested that Taiwan monitor her visit records. The U.S. concerns are not without background. At the end of 2024, U.S. Department of Commerce officials went to a Megaspeed data center in Malaysia for inspection and found that Huida equipment was still stacked in boxes and had not been installed and used. Therefore, it was suspected that the equipment may have just been transferred locally, and the actual flow was inconsistent with the declared purpose.
Has the Taiwan government received intelligence information from the United States? On November 10, Legislator Lai Shibao questioned Executive Director Zhuo Rongtai in the Legislative Yuan, asking whether the American Institute in Taiwan (AIT) had asked Taiwan to assist in the investigation of Huang Le. Zhuo Rongtai did not directly answer yes or no, only saying: "I can't answer this, I can't say yes or no." He also revealed that the government has Huang Le's past entry and exit records, and relevant cases are being investigated, and past information and records will also be used for comparison.
On November 12, Liang Wenjie, deputy chairman of the Mainland Affairs Council, stated that the Mainland Affairs Council had not received the surveillance suggestions claimed by the United States, but could not confirm whether other government agencies had received them, and emphasized that the Mainland Affairs Council was not an intelligence agency. On the other hand, the Immigration Department confirmed that it had cooperated with the national security agencies to understand the situation of Huang Le's visit to Taiwan, and that her entry permit had been revoked and placed under control. The Executive Yuan also stated that the case involves a cross-border cooperative investigation, and details cannot be disclosed because the investigation is still ongoing.
In Singapore, the police and customs independently launched investigations into Megaspeed and related companies as early as February 2025, focusing on whether server procurement involved false declarations. On June 24, 2025, officials from the U.S. Department of Commerce’s Bureau of Industrial Security (BIS) went to Megaspeed to conduct a post-shipment inspection, and Huang Le was also present at the time. Singapore's Ministry of Home Affairs pointed out that this was the first time Singapore learned of the US's concerns about Megaspeed and Huang Le; on the same day, the Singapore police also interviewed Huang Le and detained her passport.
In February 2026, the Singapore police believed that the existing evidence was insufficient to prove that Huang Le was involved in crimes related to false server declarations. However, they determined that she had provided knowingly inaccurate information during the investigation to downplay her role in Megaspeed. Therefore, they issued a stern warning to her and banned her from re-entering the country. The police returned her passport on February 26, and Huang Le left Singapore that day. The Singaporean authorities particularly emphasized that Huang Le was not being investigated for espionage activities, and the entry ban should not be interpreted to mean that she had been found to have engaged in espionage.
As for Huang Le's whereabouts in 2026, leaked WeChat Moments records show that she traveled in Europe almost every month. She traveled to Spain, the Netherlands, Belgium and Hungary in February, Iceland, Norway and France in March, and then visited the UK, Italy, Switzerland, the Czech Republic, Germany and Austria. She traveled to at least 13 countries throughout the year. Compared with the photos with Huang Renxun in Taiwan and other places that have been exposed in the past, the current leaked Moments records for 2026 do not show the two of them in the same frame.
From visiting Taiwan eight times in the past two years to having no entry record at all in 2026, Huang Le's changes in whereabouts coincided with US investigations, cross-border cooperation between Taiwan and the United States, and Singapore's entry ban. When did Huang Le learn that he was receiving attention from the United States? Will the trading model change after the US audits Megaspeed in 2025? There is still no direct evidence that she stopped coming to Taiwan because she knew she was being monitored.
