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  7. BYD Chairman Scandal: Alleged Mistress and Illegitimate Child Reported in the US

BYD Chairman Scandal: Alleged Mistress and Illegitimate Child Reported in the US

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The Chairman of BYD, a top Chinese electric vehicle manufacturer, faces scandal as allegations surface of an extramarital affair with a female executive, resulting in American children. The accusations claim he concealed his situation while holding a reputable image in China.
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Video Transcript

0:00
Chairman of China's leading electric vehicle manufacturer BYD finds himself in the middle
0:05
of a scandal.
0:06
On March 9, a video on X accused the party secretary and chairman of BYD Wang Chuan-Fu of
0:13
having an extra marital affair with a female executive named Li Ke, resulting in two children
0:18
who are American citizens.
0:20
The video accuses Wang of maintaining a respectable image in China while owning numerous properties
0:25
in the United States and failing to disclose his situation to regulatory authorities or shareholders.
0:31
Hello everyone, I'm Zhang Xiaolei, the founder of Song Song AutoMobile.
0:38
I'm reporting with my real name, that BYD Party Secretary,
0:42
and Chairman Wang Changfu cheated with his female executive, Li Ke, during his marriage.
0:47
His illegitimate children, William Wang and Alice Wang are both American citizens.
0:51
One Changfu has an upright image in China in his diligent, thrifty, and patriotic.
0:58
However, he has a large amount of private property in the United States and lives the Lee
1:02
Code, which seriously violates party discipline.
1:05
He has never informed the China Securities Regulatory Commission and shareholders of the
1:10
truth.
1:11
Currently his illegitimate son William Wong has begun to participate in B.Y.D. business
1:15
in the United States.
1:16
I'm worried that the personal and travel information of millions of B.O.I.D. users will be controlled
1:22
by the United States.
1:23
The Shenzhen Municipal Commission for Discipline Inspection once replied that they had begun
1:28
an investigation, but it has been three months and there has been no reply.
1:32
Zhang held up his ID and said that the two executives mentioned had decent images in China, but
1:38
they had many luxury homes in the United States.
1:40
Because the reported content was too sensitive, the video had been deleted by major video
1:45
platforms in China. Public records reveal that Wang Tran Fu,
1:49
born in 1966 in Anhui Province, founded BID in Shenzhen in 1995, marking his entry into
1:56
the lithium battery industry in 1996. Over the years, BID expanded into the automotive
2:02
sector, acquiring Xi'an Qingtuan automobile in 2003 and renaming it BID Auto.
2:09
Li Ke, implicated as the mistress by Zhang Xiaolai, is a long-serving figure within BID,
2:14
having joined the company in its early years in 1996. She has held various positions within
2:20
the company, including market manager, sales manager, and executive director of BYD electronics.
2:26
Currently, she serves as BYD's vice president, suggesting a trajectory of promotion potentially
2:32
influenced by Wang Tron Foo. As of August 2022, Li Ke reportedly holds over 1 million shares in BYD,
2:40
valued at more than 3.3 million RMB, approximately $740 million USD.
2:46
Despite the removal of the expose video from Chinese media platforms, Zhang Xiaolai remains undeterred.
2:53
Following the initial video, he hinted at further revelations, indicating a series of disclosures yet to come.
2:59
The photo on Weibo was accompanied by a sentence.
3:02
The first bullet is just the tip of the iceberg. There are 30 bullets in total. We will slowly reveal the news.
3:08
Sure enough, on March 10, Zhang Xiaolai posted another video on Weibo naming names.
3:17
He doesn't say a word about his own affairs and accuses others.
3:21
You thoroughly investigate complaints from others, even accessing back-end data.
3:26
What about your own affairs? It's not even a good idea to mention it.
3:29
If you want to prove yourself, do a DNA test and then show your passport.
3:33
Okay? Wang Changfu?
3:35
The expose video initially surfaced on China's dooying platform, stirring attention before being removed.
3:42
However, by that time, copies of the video had already spread to oversee social media platforms.
3:47
Mainline media outlets have provided some background information on this whistleblower, Jiang Xiaolai.
3:52
Born in 1974, Jiang is the founder of China's Top Motorcycle Club, Songshan MC, as well as Songshan Top Motor Museum and Songshan Technology Beijing Company Limited.
4:03
His company primarily specialized in selling custom high-end retro motor cycles with designs
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