Chinese Company Removes Hunter Biden From Board but He is Still 10 Percent Owner

Gage Skidmore from Surprise, AZ, United States of America via Wikimedia Commons

A Chinese company has updated its records to show that Hunter Biden no longer serves on its board. However, Joe Biden’s son remains a 10% owner in the company.

According to The Daily Caller:

The Chinese private equity firm BHR Partners updated its business records on April 20 to remove Hunter Biden as a member of its board of directors, but he continues to hold a 10% ownership stake in the company through his LLC, Chinese business records show.

Hunter Biden’s departure from BHR’s board was submitted to China’s National Credit Information Publicity System (NCIPS) more than six months after he pledged to relinquish his position with the firm “on or by October 31,” according to Qixinbao and Baidu, two independent services that provide registration information on Chinese corporations based on NCIPS filings.

The records also show that Hunter Biden continues to hold a 10% equity stake in BHR through his company, Skaneateles LLC, as of Friday, a position he maintains despite a pledge in December from his father, former Vice President Joe Biden, that none of his family members would “be engaged in any foreign business” if he is elected president in November.

Li’s letter did not specify the exact date in October that Hunter Biden ceased serving as an unpaid director of BHR. Mesires has refused multiple requests by the DCNF for a copy of Hunter Biden’s actual letter of resignation from the firm’s board.

It has yet to be confirmed if Hunter plans to give up or sell his 10% stake in the firm. Joe Biden and his son’s questionable relationships with the Chinese have and will continue to be a major topic during this election.


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