Che Feng Actual controller of Digital Domain Media Group (DDMG) under investigation

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  On Jun 3rd, DDMG, a Hong Kong listed company slumped. Media disclosed that the company’s actual controller——Che Feng, a mainland business man was under an investigation in Beijing on Jun 2nd.
  Che Feng is 45 years old now. He is from Hefei, Anhui. His father used to be a soldier. Che Feng is the youngest kid in his family. He lives in Hong Kong all year round. Although his public information is rare, he is famous in mainland equity investment community and Hong Kong capital market.
  Ping An Insurance (Group) Company of China Ltd.,reveals in the company director profile that Che Feng was born in 1970, he used to do the real estate business in Hainan and Shanghai, acted as director of Ping An Insurance (Group) Company of China Ltd.,as a shareholder repre- sentative.
  It is reported that Che Feng was taken away for investigation on Jun 2nd. A number of acquaintances called Che Feng, but his cell phone had already been turned off. The sources said, the direct reason for the investigation against him is because this involves with Jan 2015 Guo Wengui case.
  DDMG, concentrates on film and television special effect, and it holds 70% stock equity of a famous American film and television special effect company——Digital Domain. The company was established by Hollywood director James Cameron in 1993, and had made effects for ‘Titanic’and ‘Transformers’. In 2012, Digital Domain was purchased by Galloping Horse Media and Reliance Mediaworks, and it was listed in Hong Kong in the next year.
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