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The former chairman of Changan Automobile Group was prosecuted on suspicion of taking bribes.

2024-11-17 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)12/01 Report--

On November 30, according to the official account of the Supreme people's Procuratorate, the case of Yin Jiaxu, former party group secretary and chairman of China Arms Industry Group Co., Ltd., suspected of accepting bribes and illegally making profits for relatives and friends was investigated and concluded by the State Supervisory Committee. designated by the Supreme people's Procuratorate, it will be examined and prosecuted by the second Branch of the Shanghai Municipal people's Procuratorate. Recently, the second Branch of the Shanghai people's Procuratorate has filed a public prosecution with the Shanghai second Intermediate people's Court.

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On October 25 this year, the official website of the Supreme people's Procuratorate of the people's Republic of China revealed that Yin Jiaxu, former party secretary and chairman of China Arms Industry Group Co., Ltd., was suspected of accepting bribes and illegally making profits for relatives and friends. The investigation was concluded by the State Supervisory Commission and transferred to the procuratorial organs for examination and prosecution. A few days ago, the Supreme people's Procuratorate made a decision to arrest Yin Jiaxu on suspicion of accepting bribes and illegally making profits for relatives and friends.

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On April 4, 2021, the official website of the State Supervisory Commission of the Central Commission for discipline Inspection announced that Yin Jiaxu, former secretary of the party group and chairman of China Arms Industry Group Co., Ltd., was suspected of serious violations of discipline and the law and was currently under disciplinary examination and supervision investigation by the Central Commission for discipline Inspection and State Supervision Commission.

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On September 30, 2021, the State Supervisory Commission of the Central Commission for discipline Inspection informed the results of the investigation that Yin Jiaxu, former party secretary and chairman of China Arms Industry Group Co., Ltd., was expelled from the party for serious violations of discipline and law.

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On August 1, 2018, China Arms Industry Group Co., Ltd. held a general meeting of cadres at and above the middle level. Gao Pao, deputy director of the Organization Department of the CPC Central Committee, announced the central decision on the readjustment of the main leaders of China Arms Industry Corporation: the removal of Comrade Yin Jiaxu from his post as chairman and secretary of the party leading group of China Arms Industry Corporation.

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According to public data, Yin Jiaxu was born in April 1956 and went to work in December 1976. In August 1996, Yin Jiaxu served as executive deputy general manager of Changan Automobile (Group) Company in the capacity of deputy director of the Southwest military Industry Bureau; in November 1998, Yin Jiaxu was promoted to vice chairman, general manager, and deputy secretary of the party committee of Changan Automobile (Group) Company. In February 2000, Yin Jiaxu served as executive director, general manager and deputy secretary of the party committee of Changan Automobile (Group) Co., Ltd.; in January 2002, he became deputy general manager and party member of China Arms equipment Corporation. From 2002 to 2006, Yin Jiaxu served as deputy general manager and party group secretary of China Arms equipment Corporation, chairman, president and party committee secretary of Changan Automobile (Group) Co., Ltd.

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It is understood that Yin Jiaxu has left good achievements in the development of China's automobile industry. During his tenure in Changan Automobile, Yin Jiaxu also had a decade of rapid development of Changan Automobile. During his tenure, Changan Automobile realized business income of 9.884 billion yuan in 2002 and net profit of 835 million yuan. By 2010, Changan Automobile business income increased to 33.526 billion yuan, net profit increased to 2.035 billion yuan.

The data show that during his tenure in Changan Automobile (Group) Company, Yin Jiaxu vigorously promoted the "622 strategy" and the "3337" development strategy of military equipment, and initially completed the domestic layout of the four vehicle production bases of Chongqing, Nanjing, Nanchang and Hebei, and formed a development platform with different emphasis on micro-cars, cars, commercial vehicles and spare parts on the four vehicle production bases. In addition, on the basis of strengthening Suzuki cooperation in Japan, hand in hand with Ford, Mazda and Volvo for cooperative development, established a joint venture with Mazda and Ford, and introduced Volvo sedan production.

Yin Jiaxu, born in 1956, retired at the age of 62, but generally did not retire until he was 65. In response to the reasons for early retirement, Yin Jiaxu previously told the media: "I took the initiative to write to the leader to ask for early retirement." however, less than three years after retirement, Yin Jiaxu was investigated. Yin Jiaxu is reported to be the second senior executive at the central enterprise level to be treated in this way after Xu Jianyi since China's auto industry entered the anti-corruption campaign. On March 15, 2015, Xu Jianyi, chairman of FAW Group, who was in Beijing to attend the two sessions, was investigated.

With the self-examination of enterprises and the investigation of relevant supervision departments, a number of leaders of automobile companies suspected of violating discipline and breaking the law have also been arrested this year, including GAC MOTOR, Dongfeng Motor, BYD, Changan Automobile, brilliance Motor, and so on.

On 11 January this year, GAC MOTOR CEO Zhang Jixiang was accused of paying bribes; on 20 May, Yang Ning, former vice minister of Dongfeng Citroen Brand Department of DPCA was investigated; on June 4, Dong Anyin, former vice minister of Dongfeng Peugeot Brand Department of DPCA was investigated; and Qi Yumin, former chairman of brilliance Automobile Group, was investigated on June 15. On July 6, Yang Zhenyu, manager of Audi brand product management department of SAIC Volkswagen Motor Co., Ltd., was investigated; on July 23, Yang Zhenqiu, former deputy secretary of the party committee, secretary of the discipline Inspection Commission and chairman of the trade union of Dongfeng Liuzhou Automobile Co., Ltd. On August 13, Chen Xi, former vice president and head of marketing and sales department of Dongfeng Renault Motor Co., Ltd., qu Gang, former assistant director of marketing department of Dongfeng Renault Motor Co., Ltd., and Sun Yiwen, former head of Citroen Brand Marketing Department of DPCA Automobile Co., Ltd., was investigated on September 14. Xiong Xiong, former vice minister of marketing department of Dongfeng Qichen Motor Co., Ltd. On October 16, Xie Jinhui, Executive Director of Skoda Brand Marketing and Executive Director of Skoda Brand Business of SAIC Volkswagen Automobile Co., Ltd., was investigated.

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