In a military purchase case involving the delivery of drones assembled with Chinese-made parts, the vice chairman of the drone concept stock Jinming Company, who is also the general manager and business director, has been detained and banned. (Photo by reporter Zheng Shuting)
[Reporter Zheng Shuting/Taoyuan Report] Another bidder for the National Army drone procurement project is suspected of assembling and delivering parts made in China. The drone concept stock Jinming Industrial Co., Ltd. (3230) located in Luzhu District, Taoyuan City was searched by the inspection unit on the 8th of this month. After the prosecutors heard the case, they arrested Vice Chairman and General Manager Jian Haoting and Business Director Chen Yangcheng in court, and petitioned the court to imprison the two people. Jinming Company issued a major notice before the market today (12th) confirming that Jian was detained and his duties were temporarily represented by Chairman Cai Xiangfeng.
Jinming Company is headquartered in Luzhu District, Taoyuan City. In recent years, Jinming has transformed from a traditional consumer electronics supply chain into the field of military drones and renewable energy storage. It has also developed commercial drone vehicles for military use and entered into military-related projects and module integration. It and its subsidiaries bid for multiple drone procurement projects for military units. However, it failed to comply with the procurement contract provisions. It was suspected of assembling banned Chinese-made chips and lenses into drones and submitted false certificates of origin for the military units to process for acceptance.
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After the Taoyuan District Prosecutor's Office learned of the information, Prosecutor General Zhang Chunhui took it very seriously and immediately assigned the national security prosecutor Lin Yiwei to direct the investigation. After actively collecting evidence, on the morning of the 8th of this month, he directed the Hsinchu County Investigation Station of the Investigation Bureau of the Ministry of Justice to hold the Taoyuan District Court The issued search tickets were searched at 6 locations including Jinming Company, Yingsheng Company, their suppliers, and the residences of relevant persons. A total of 7 Jian, Chen, and relevant employees and 1 witness were interviewed to explain the case, and relevant items were seized to clarify the case.
After interrogation by the prosecutor overnight, both Jian and Chen were involved in violations of the National Security Law regarding products used for military procurement. They knew that the place of origin came from the mainland for delivery, uploaded false documents in the exercise of criminal law, and aggravated fraud to obtain money for three or more people. The crime suspicion was serious and detention was necessary. At 3 a.m. on the 9th, they were informed of their arrest in court and applied for a detention ban. The court was approved, and the other defendants were asked to return.
The reason for the court's ruling pointed out that in this case, Jian Nan was an upper-level person in the criminal structure. He denied committing the crime before the court interrogation. Although he confessed during the interrogation, his statement was inconsistent with other witnesses. Chen Nan's statement was also inconsistent and inconsistent with other witnesses. Considering that this case is still in the investigation stage, It is also related to national security and is highly sensitive. There may be potential accomplices and criminal facts that need to be investigated and clarified, which is sufficient to consider the possibility of colluding with accomplices and witnesses. In addition, considering the number of transactions between the company and the national army, the number of sales, etc., there are sufficient facts to consider the possibility of repeatedly committing the same crime, and detaining is necessary.
Jinming Company also issued a major announcement before the market opened today, stating that it will cooperate with judicial authorities in investigating according to law and has activated an operational contingency mechanism. The general manager position will be temporarily replaced by Chairman Cai Xiangfeng to maintain the normal operation of the company's various businesses.
Jinming Company pointed out that the company's operations are currently continuing, and the financial and business operations are all normal. As of September this year, the performance of major metal stamping molds and drones accounted for approximately 85.8% and 3.3% of the overall revenue respectively. Among them, defense-related orders for the drone business accounted for approximately 1.1% of the total revenue. Export orders will not be affected. It has been assessed that the company's existing domestic and overseas businesses and the overall financial situation have not been significantly affected at this stage.
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