The CCP announced sanctions against Shen Boyang’s father’s company! Taiwan Affairs Office of the State Council: Transactions with Chinese companies are prohibited

Chen Binhua, spokesman for the Taiwan Affairs Office of the State Council of China. (Recapture live broadcast)

"Ocean current" swept across Taiwan, and the CCP once again took action to punish Shen Boyang's family! Pro-communist Hong Kong media Wen Wei Po and Ta Kung Pao reported yesterday that the Trillion Company owned by the father of Democratic Progressive Party Taipei mayoral candidate Shen Boyang was punished by China in June last year. He continued to "make money" in China under the name of another company named "VWAY CO.LTD", with a trade volume of nearly US$700,000 in just over half a year. China's Taiwan Affairs Office further announced sanctions today, imposing penalties on the "VWAY" company and prohibiting any transactions with Chinese companies and individuals.

Shen Boyang: My family is doing business in Ecuador. The Hong Kong media’s smear report is just a rehash of old news.

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In an interview earlier today (14th), Shen Boyang said that the smear reports were just the same old news, and that he had refuted the rumors many times. He also asked the Taiwan Affairs Office of the State Council to see "what new dishes can be brought out today." Shen Boyang said that the Hong Kong media has been smearing him with a full-page report since the year before last. Now it is an old rumor re-fried. He has also said many times to refute the rumors related to the content. His family is doing business in Ecuador, but they are said to be Taiwanese businessmen in China. In any case, since it is an old rumor, they want to re-fire the old rumor, and the people will see it.

Chen Binhua, spokesperson of the Taiwan Affairs Office of the State Council, announced at a press conference of the Taiwan Affairs Office of the State Council today that in June 2025, the Taiwan Affairs Office of the State Council announced the punishment of "Trillion Co., Ltd." where Shen Tucheng, the father of "Taiwan independence die-hard" Shen Boyang, is the person in charge. After investigation, in order to avoid sanctions, Shen Tucheng continued to trade with Chinese companies under the name of another company "VWAY" and seek economic benefits from business cooperation.

Chen Binhua choked, and Shen Boyang, while clamoring for "anti-China" and hindering cross-strait exchanges and cooperation, worked with his relatives to find ways to make money from the mainland. His ugly behavior is disgusting.

Chen Binhua threatened that China will never allow "enterprises affiliated with diehard Taiwan independence elements" to make profits in China, and decided to punish the "VWAY" company and take necessary measures such as banning any transactions and cooperation with Chinese organizations, companies and individuals.

China's Taiwan Affairs Office announced in July 2025 that it would punish the Trillion Company run by Shen Boyang's father, Shen Tucheng, and China Customs would cancel its registration. Chen Binhua choked at the time and said that no one would be allowed to make money in the mainland while supporting "Taiwan independence" separatist activities. Today is the second time that the Taiwan Affairs Office of the State Council has imposed sanctions on Shen Tucheng-related companies.