A paper petition before the shenzhen court, jeanThunderWith former ceoChen liThe five-year-long dispute has once again entered the public eye, with a wave of allegations flowing around the interests of a mysterious company, the “building integration”。
On 15 january 2026, rebekah and its subsidiaries filed a formal civil suit with the relevant court in shenzhen city to recover assets amounting to $200 million from former ceo chen yi and his core team。
At the heart of this action is the allegation that chen li has built the hidden chain of transmission of benefits through a shadow company called “integration”. Chen yi himself has been abroad for a long time since he left the country in 2020, which has led to serious evidentiary obstacles to the recovery operations that had been launched earlier。
Five years of outstanding cases
The dispute with former ceo chen pu began in 2020. In april of that year, chen yi was summarily dismissed by the thunderbolt board。
On that occasion, the source stated that chen had several “crimes”: suspected of usurping the company's assets through false contracts。
In the same year, shenzhen city public security bureau filed a complaint against chen yi and others for alleged occupation of his position and entered the investigation stage. However, in order to avoid the investigation, chen yi left the country in early april of the same year, together with dong cod, former senior vice-president of sunay, and used his united states citizenship to remain abroad for long periods of time, refusing to cooperate with the investigation。
According to the source, the core client, chen yi, has been abroad for a long time since he left the country in 2020, leading to serious evidentiary obstacles to pursuing and defending his rights。
At the end of 2022, due to objective constraints, the public security organs closed cases because they were unable to obtain sufficient evidence. The resumption of civil recovery procedures today marks the beginning of a new legal phase of the internal storm that began in 2020。
The core controversy in the whole case revolved around “incorporating” companies. The rapid-action side accused the company of being the “shadow system” under the de facto control of the former ceo chen。
Skywatch shows that shenzhen city integration technology ltd. Was established in 2018. In late 2018, chen li arranged for the purchase of shares from commercial agents and arranged for their controlled persons to take over。
According to the allegations, the establishment of integration was not approved by the board of directors without prompt action, and was in a state of “four-nil” where there was a lack of shareholders to set up approvals, a lack of a written proxy agreement, a lack of control over financial accounts by listed companies, and a lack of a clear profit return mechanism。
Key controls, such as bank accounts, seals and so forth, are removed from the publicly listed corporate system and are held by relatives or close associates of chen yu, the cod arrangement。
Rapidly, it was stated that integration was virtually non-operational after changes in company management. In 2020, in a dispute over liability for damage to corporate interests arising out of the integration of a network with sun joo, the court, on the basis of the plaintiff's network's application, preserved property and frozen the company's funds of over $30 million。
The attribution of the frozen funds could be the only funds currently available for recovery。
Emergency operations before removal
Within the last 72 hours before chen li was formally removed, there was a dramatic emergency transfer of funds by cybernetwork。
From 31 march to 1 april 2020, chen qi, using the final jurisdiction of his then fast-track ceo, the cyber ceo, approved, within two days, several successive payments to heung integration, totalling over $20 million。
According to the source, the payments made during these two days have not reached the normal payment time (mid-minority) and represent an extremely rapid pattern of “the day bill of lading, the day of approval, the day of the receipt and settlement process”。
The march 2020 fees were filled out on 1 april and paid on that day, at a cost of approximately $15. 3 million. In addition, in mid-march the network had paid a february fee for integration and an additional $5. 5 million on 31 march, totalling over $20 million。
Within 24 hours of the receipt of the last millions of dollars (i. E., 2 april), the board of directors issued a formal release from chen qui ceo。
On the quick-action side, it was alleged that chen li had transferred company assets to integration through a series of means. According to the survey, between january 2019 and the beginning of 2020, the cyber-centres cumulatively paid around $170 million in resource node procurement fees for integration。
At the time the contract was signed, the integration did not have the necessary qualifications to operate, such as the cdn (content distribution network) and the icp (internet information service), until june 2019, when the cdn licence was obtained。
Between january and march 2019, during the three-month period in which shell companies were operating, cybercredit paid more than $1 million for integration, during which time it failed to provide bandwidth to companies。
According to close sources, in march 2020 chen shui had arranged for 35 core employees of the listed company to be interviewed by tung cod and liu, to be separated from the company and to join the integration company。
According to one employee's statement, the process was communicated by the corporate entity and the head of the human resources department in the form of “secret” and the promise of treatment was changed only to the subject of the contract。
This ripple directly resulted in the payment of more than $9 million in financial compensation and option buy-backs by the heart company and the removal of the core r & d team。
There is no public response to the current proceedings. The journalist tried to contact chen yi, texting chen yi's two previous mobile phone numbers and calling to show one as an empty stop. The information was not received for the time being。
According to a close source, it is now more like a quick move to sort out the past and to settle a previous dispute that had lasted more than five years。
In an audit of the company by the current management, it was found that a mine bandwidth supplier, known as the yangtze integration company, was in fact a company under chen yi's personal control, that he had transferred a significant amount of money to yangtze by various means, and that he had used deception to attempt to transfer the core technical staff of suntay to yangtze。
