The founder of the conglomerate Haichang, Naijie Qu, was given a suspended sentence of three years in prison and one million euros in fine for a case of laundering, embezzlement of public funds and abuse of corporate assets

Le tribunal correctionnel de Paris a condamné Naijie Qu à trois ans de prison avec sursis et un million d' euros d' fine , and decided to confiscate nine castles and various debts from him, for a total amount estimated at 35.5 million. The investigation reveals that the finance office of the city of Dalian awarded Haichang two grants of 90 million yuan each (11.1 million euros at the time), supposed to be used to finance technological investments. However, the group had made no secret that it was going to use it to buy vineyards, which obviously did not bother the authorities in the Haichang fief