Tianjin blast investigation-doubts cast over legitimacy of warehouse

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.