Yin Jiaxu, former Changan Automobile chairman, is under investigation

by SpeedLux
Yin Jiaxu

Yin Jiaxu, former Party secretary and chairman of China’s state-owned defense corporation, China North Industries Group Corp (Norinco), and former Chairman of Changan Automobile is undergoing disciplinary review for alleged violations of discipline and the law, according to Central Commission for Discipline Inspection (CCDI).

During Yin’s term as head of the Norinco from 2013 to 2018. Officials said in October of 2015 that the group has been found for the weakened leadership of the Party.

The central inspection team said that some senior officials in the group have been misusing their powers for personal gains, giving unjustified convenience for their spouses, children, and relatives to operate businesses or enterprises.

Yin Jiaxu was in 1956. He was the deputy general manager of China South Industries Group in 2002 and later served as the deputy general manager of Norinco in 2010, then as the chairman from 2013. Yin retired in 2018.

He was a general manager of Chinese state-owned Chongqing Changan Automobile from 1998. Later he served as the chairman of the automaker.

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