天合化工

Tianhe denies claim that it inflated profits

Tianhe Chemical yesterday said it “unequivocally denies and vigorously refutes” that it inflated profits and presented related parties as customers – as alleged last week by a group claiming links to Anonymous, the mysterious hacker collective.

The China-based, Hong Kong-listed company last week became the mainland’s biggest entity yet to be targeted by a short seller-style report.

Yesterday, Tianhe rushed out an incomplete rebuttal statement to the report by Anonymous Analytics after discovering its email system had been hacked.

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