Caixin
Jul 28, 2022 08:25 PM
BUSINESS

China’s ‘Fragrance Queen’ Released on Bail While Police Investigation Continues

Zhu Linyao, the controlling shareholder of Huabao Group. Photo: VCG
Zhu Linyao, the controlling shareholder of Huabao Group. Photo: VCG

A wealthy business woman under police detention since the beginning of this year has been released on bail, as authorities transferred police surveillance on her from one jurisdiction to another, according to a company filing.

Zhu Linyao, known as China’s “fragrance queen” and founder of the largest flavor-maker, Huabao International Holdings Ltd., is currently under “residential surveillance at a designated residence” by the police in Anyuan county, Jiangxi province, according to the Tuesday statement.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin China Biz Roundup: China Cuts Key Interest Rates as Economy Weakens
00:00
00:00/00:00