Has Shanxi's wealthiest man, Zheng Peng, been subject to a "travel ban" by the court? Pengfei Group employee: "That's not true; everything is normal at the moment."
Recently, news that Zheng Peng, Shanxi’s wealthiest individual and chairman of Shanxi Pengfei Group Co., Ltd., had been subject to a “high-consumption restriction” by the court has been circulating on online platforms. On the afternoon of January 3, 2026, after cross-referencing information from multiple sources, no records were found to support the rumors that Zheng Peng had been “listed as a judgment debtor or subject to high-consumption restrictions.” The consumption restriction order mentioned in earlier reports could not be verified either. Upon contacting an internal employee at Pengfei Group, the employee stated that all current rumors regarding Zheng Peng are unfounded. Zheng Peng continues to serve as the Chairman of the Board of Directors at Pengfei Group, and the company is operating normally, having “recently held a New Year’s Eve event.” (Jiemian)
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