Huang Renxun admits extramarital affair Qiu Qinyi: Investment companies should not just look at the halo of the founder

Huida CEO Huang Renxun is currently facing a big test in life. (File photo)

[Entertainment Channel/Comprehensive Report] After Huida CEO Huang Renxun admitted to employees that he was having an extramarital affair with a Chinese woman suspected of being a female spy, Alice Huang, the board of directors of Huida will also investigate whether he is the target of a foreign espionage conspiracy. In this regard, Qiu Qinyi, the former anchor and host of Dongfeng TV's "Is It OK to Be Single?" said bluntly: "No matter how powerful or successful people are, they must be responsible for their own choices and actions!"

Qiu Qinyi said that everyone should have been washed away by the "hot man". "Huang Renxun admitted to the affair, and the myth of love was shattered." She said that being unfaithful to his wife is of course a life issue that Huang Renxun has to face. In addition, she also pointed out that this incident also highlighted another problem: "When investing in a company, you really can't just see the halo of the founder!"

Qiu Qinyi analyzed that when a company relies too much on one person, if there is a problem with this person's judgment, will it affect the company and shareholders? Some foreign investors criticized this as a major error in judgment; some venture capitalists thought his behavior was stupid, but at the same time believed that he was irreplaceable for the development of American AI.

We praise Jen-Hsun Huang's value to Huida, but Qiu Qinyi believes that we should also consider whether the company has a sound enough system to face such risks. "Of course, intelligence and national security concerns that are of concern to the outside world are still under investigation. His admission of an affair does not mean that espionage or leakage charges have been established. These two matters must be clearly distinguished."

For Huida shareholders, Qiu Qinyi’s analysis of the results of the subsequent investigation, the company’s risk management, and whether business and customer relationships are affected are all key points worthy of continued observation.