Li Zhaokun, former chairman of China State Shipbuilding Group Finance, has been arrested on suspicion of taking bribes
According to the Supreme People's Procuratorate on September 10, the former chairman of China State Shipbuilding Group Finance Co., Ltd. suspected of taking bribes Li Zhaokun was investigated by the Shanghai Municipal Supervisory Commission and transferred to the procuratorate for review and prosecution. A few days ago, the second branch of the Shanghai People's Procuratorate made a decision to arrest Li Zhaokun on suspicion of bribery. The case is being further handled.
After joining CSSC Finance, Li Zhaokun successively served as deputy general manager and general manager of the company, and was promoted to chairman in February 2018. In March 2015, Li Zhaokun also served as the chairman of CSSC Investment and Development Co., LTD., and in August 2018, he became the executive director of CSSC International Holdings Co., LTD. From March 2019 to June 2020, Li Zhaokun also served as a supervisor in the listed company China Shipbuilding.
In addition, Li Zhaokun served as a non-executive director of the Bank of Shanghai from September 2015 until January 2021. In May 2023, the Board of Directors of PSBC nominated Li Zhaokun as a non-executive director of the bank, and the relevant proposal was reviewed and approved by the shareholders' meeting. At that time, the resume of Li Zhaokun released by PSBC shows that his positions are: head of the financial department of China State Shipbuilding Corporation Limited, chairman and Party secretary of CSSC Finance Co., LTD., Chairman of CSSC Investment and Development Co., LTD., executive director of CSSC International Holdings Co., LTD., and director of CSSC Finance Co., LTD.
In addition, since February this year, Li Zhaokun has participated in public activities such as ship delivery ceremonies as secretary of the Party Committee of China Shipping Leasing many times, until he was investigated in June this year.
According to the website of the Central Commission for Discipline Inspection and the State Supervisory Commission on June 5, Li Zhaokun, former chairman of China Shipbuilding Group Finance Co., Ltd. is suspected of serious violations of discipline and law, and is currently under disciplinary review and supervision by the Discipline inspection team of China Shipbuilding Group and the Shanghai Municipal Supervisory Commission.
According to the official website of China State Shipbuilding Group Co., LTD., the company is a large state-owned important backbone enterprise established by the former China State Shipbuilding Industry Group Co., Ltd. and the former China Shipbuilding Industry Group Co., LTD., with 86 research institutes, enterprise units and listed companies, the total assets of 1006.616 billion yuan, is the world's largest shipbuilding group.
In the first half of this year, the operating income of China Shipbuilding reached 36.017 billion yuan, an increase of 17.99% year-on-year, of which the operating income of ship repair and offshore engineering business was 34.446 billion yuan, an increase of 22.39% year-on-year; The net profit returned to the mother was 1.412 billion yuan, an increase of 155.31%.
After joining CSSC Finance, Li Zhaokun successively served as deputy general manager and general manager of the company, and was promoted to chairman in February 2018. In March 2015, Li Zhaokun also served as the chairman of CSSC Investment and Development Co., LTD., and in August 2018, he became the executive director of CSSC International Holdings Co., LTD. From March 2019 to June 2020, Li Zhaokun also served as a supervisor in the listed company China Shipbuilding.
In addition, Li Zhaokun served as a non-executive director of the Bank of Shanghai from September 2015 until January 2021. In May 2023, the Board of Directors of PSBC nominated Li Zhaokun as a non-executive director of the bank, and the relevant proposal was reviewed and approved by the shareholders' meeting. At that time, the resume of Li Zhaokun released by PSBC shows that his positions are: head of the financial department of China State Shipbuilding Corporation Limited, chairman and Party secretary of CSSC Finance Co., LTD., Chairman of CSSC Investment and Development Co., LTD., executive director of CSSC International Holdings Co., LTD., and director of CSSC Finance Co., LTD.
In addition, since February this year, Li Zhaokun has participated in public activities such as ship delivery ceremonies as secretary of the Party Committee of China Shipping Leasing many times, until he was investigated in June this year.
According to the website of the Central Commission for Discipline Inspection and the State Supervisory Commission on June 5, Li Zhaokun, former chairman of China Shipbuilding Group Finance Co., Ltd. is suspected of serious violations of discipline and law, and is currently under disciplinary review and supervision by the Discipline inspection team of China Shipbuilding Group and the Shanghai Municipal Supervisory Commission.
According to the official website of China State Shipbuilding Group Co., LTD., the company is a large state-owned important backbone enterprise established by the former China State Shipbuilding Industry Group Co., Ltd. and the former China Shipbuilding Industry Group Co., LTD., with 86 research institutes, enterprise units and listed companies, the total assets of 1006.616 billion yuan, is the world's largest shipbuilding group.
In the first half of this year, the operating income of China Shipbuilding reached 36.017 billion yuan, an increase of 17.99% year-on-year, of which the operating income of ship repair and offshore engineering business was 34.446 billion yuan, an increase of 22.39% year-on-year; The net profit returned to the mother was 1.412 billion yuan, an increase of 155.31%.
