According to the report, according to Wang Zengliang, he was cheated by a high-tech project of Tianjin University. Due to the promising investment prospects, Hanzhong Boron Company is specially registered. It cost 260 million yuan, and now it is almost bankrupt. It is also said that Tianjin University is highly trusted because its chemical industry is one of the best in the country.
On June 27, some media contacted Professor Zhang of Tianjin University. He said on the phone that the media reports should not only listen to one side of the story, but refused to explain the matter and asked him to contact the Propaganda Department of Tianjin University. A person in charge of the Propaganda Department of Tianjin University said that this matter is going through legal procedures and it is not convenient for an interview for the time being.
It is reported that on June 5, 2007, Wang Zengliang's Hanzhong Boron Company received the Letter of Urging to Fulfill the Contract as soon as possible issued by the Economic Development Bureau of Jinan New Area, demanding that the terms agreed in the contract be completed within three months, the preferential policies be cancelled after the deadline, and Wang Zengliang be retired according to relevant regulations. All legal consequences of Wang Zengliang should be borne by Tianjin University.