It has only been 5 days since Huang Renxun admitted his extramarital affair and resigned. Will there be more sexy revelations?

Huida ceoJen-Hsun Huang He was involved in public controversy due to his extramarital affair. He publicly admitted infidelity to his wife on the 8th and announced his resignation as CEO on the 12th. This incident developed with astonishing speed in just five days. Lawyer Liu Longzhu analyzed that Huida’s board of directors quickly broke relations with Huang Renxun, perhaps because they were worried that more scandalous news would be exposed one after another.

The latest reports show that Huang Renxun’s second and third extramarital intimate affairs have been exposed one after another. Both of them are female employees of Huida and one of them is the deputy director of Huida’s healthcare business.ball (Kimberly Powell); Another Reuters report cited two people familiar with the matter, but did not disclose the woman’s name. Huida has not yet responded to Reuters’ request for comment.

Lawyer Liu Longzhu analyzed that Huida’s board of directors quickly broke with Huang Renxun, possibly because they considered the stock price, corporate image and subsequent regulatory risks, hoping to stop the losses as soon as possible. At the same time, they may also be worried that more scandalous news will emerge one after another, putting the company in a major public relations crisis.

In the early days when the incident broke, Huang only publicly apologized for his infidelity to his wife, but also did not announce his resignation, nor did he clearly express his attitude toward corporate responsibility toward shareholders and investors. Liu Longzhu believes that if Huang Renxun had decided to take corporate responsibility for the incident, he should have submitted his resignation as soon as possible instead of waiting for a few days to announce his resignation. He speculated that Huang Renxun’s eventual resignation was not entirely due to his personal desires, but was a decision made under pressure from the board of directors.

Liu Longzhu pointed out that if Huang Renxun remains in office, related controversies may continue to be the focus of the media, causing Huida to continue to be implicated in negative news, which will affect investor confidence and stock price performance. The board of directors may believe that Huang Renxun leaving the leadership position will help minimize the impact of the incident on the company’s daily operations and future development.

In addition, Liu Longzhu analyzed that another possible consideration of the board of directors is that it is worried that more negative news will be exposed one after another, causing a chain effect that is difficult to control. He said: “If Huang Renxun does not resign, it may be difficult to calm the storm, and the fourth, fifth and sixth extramarital affairs may be exposed.”

However, Huang Renxun’s resignation does not mean that the related investigation is over. Liu Longzhu pointed out that relevant departments will continue to investigate issues such as chip transfer, national security and concealment of important information. If the investigation finds violations at the company level, Huida may not be able to fully attribute responsibility to Huang Renxun personally and exclude the company’s own responsibility.