By naming them directly, they targeted the matter of their using Hanhai to manipulate the U.S. stock market. Although the exposé is half-true, the fact that it affected the stock price seemed to be an unspoken rule, but Hanhai bluntly pointed it out, tearing off the last veil.
Although his accounting fraud is a fact, firstly, the amount is not large, and secondly, he quickly admitted his mistake and proposed rectification and compensation. Furthermore, the problem arose before the management reorganization, indicating that the current team is aware of this danger and has made improvements. A scandal is still a scandal, but not completely unacceptable.
Moreover, these rumors, both true and false, using the news of Lu Weixi's kidnapping and death to manipulate stock prices, indeed seemed a bit sordid. However, this is a common tactic in the business world.
