Tianjin blast investigation-doubts cast over legitimacy of warehouse

CNC
Added On August 21, 2015

Li Liang is listed as the major shareholder of the company.  

But Li confirmed that his cousin Yu Xuewei, a 41-year-old former executive at a state-run chemical company, was the actual owner and holds 55 percent of the shares through Li. 

Yu had been the deputy manager of the Tianjin Branch of China's Sinochem Group.