Another company of Shen Boyang’s father was sanctioned by China. Legislator: Taiwanese are not intimidated

Taipei mayoral candidate Shen Boyang was accused by Hong Kong media Wen Wei Po that after his father Shen Tucheng's "Trillion Co., Ltd." was sanctioned by China in June 2025, he continued to "make red money" in China through another company, VWAY. China's Taiwan Affairs Office announced today that it has decided to punish VWAY and take necessary measures such as prohibiting it from conducting any transactions or cooperation with Chinese organizations, companies, and individuals. He also claimed that Shen Boyang should "prove his innocence" and make a responsible account to Taiwanese society. Legislators criticized that the CCP wants to use this to combat the "ocean current", which is really very old-fashioned. It is impossible to scare the Taiwanese people with such threatening words. The Taiwanese people are not intimidated.

Chen Binhua claimed at the press conference of the Taiwan Affairs Office of the State Council that the attempts of "Taiwan independence die-hards" and their affiliated companies to cover their eyes and evade sanctions are completely in vain. It just exposes the fear of punishing independence and highlights the ugly face of being fierce and selfish.

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Chen Binhua said that "Taiwan independence die-hards" split the country, undermined cross-Strait relations, and harmed the interests and well-being of compatriots. They are punished in accordance with the law and held accountable for life. They are entirely to blame. This person was different from what he was yesterday, and his face changed faster than turning the page of a book. "What he should do now is to prove his innocence and make a responsible account to Taiwanese society."

In this regard, Democratic Progressive Party legislator Qiu Zhiwei said in an interview with this newspaper today that Shen Boyang has long been regarded as a "thorn in the side" of the CCP. He threatened to be arrested across the border and was repeatedly named as a "Taiwan independence die-hard". The CCP has always been like this. Now it is being used again during the election, trying to use this to fight the "ocean current". It is really very old-fashioned. It is impossible to scare the Taiwanese people with such threatening words.

Qiu Zhiwei pointed out that the CCP's move will not have any impact on Shen Boyang, because Shen has long been declared by the CCP to be a "Taiwan independence die-hard". Shen Boyang has gone abroad before, and in order to defend democracy and freedom, he is not afraid of the CCP's global pursuit.

Qiu Zhiwei criticized that as long as some strange reasons are found, China will continue to increase sanctions and use the most vicious words to threaten and intimidate Shen Boyang, but Taiwanese people are not to be intimidated. Now the only function of the Taiwan Affairs Office of the State Council is to intimidate the people of Taiwan and undermine the democratic and free system. It is also a model unit for foreign forces to influence Taiwan's elections and suppress Taiwan. "If the Taiwan Affairs Office of the State Council said something nice today, it would really be big news."