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On December 25, the Shanghai No. 1 Intermediate People's Court publicly pronounced the bribery case of Hu Xin, former vice president of Shanghai City Investment Co., Ltd., and sentenced the defendant Hu Xin to 14 years in prison and a fine of RMB 5 million yuan; the illegal proceeds and proceeds of bribery were recovered and handed over to the national treasury. After trial, it was discovered that from 2013 to 2024, defendant Hu Xin used the convenience of being the director of the Shanghai Embankment Facilities Management Department, chief engineer of the Shanghai Water Authority, and chief engineer and vice president of Shanghai Urban Investment Co., Ltd., to help relevant units and individuals in matters such as project underwriting and business subcontracting to obtain benefits. He successively illegally accepted assets amounting to more than RMB 67.43 million.

智通財經·12/25/2025 09:01:04
語音播報
On December 25, the Shanghai No. 1 Intermediate People's Court publicly pronounced the bribery case of Hu Xin, former vice president of Shanghai City Investment Co., Ltd., and sentenced the defendant Hu Xin to 14 years in prison and a fine of RMB 5 million yuan; the illegal proceeds and proceeds of bribery were recovered and handed over to the national treasury. After trial, it was discovered that from 2013 to 2024, defendant Hu Xin used the convenience of being the director of the Shanghai Embankment Facilities Management Department, chief engineer of the Shanghai Water Authority, and chief engineer and vice president of Shanghai Urban Investment Co., Ltd., to help relevant units and individuals in matters such as project underwriting and business subcontracting to obtain benefits. He successively illegally accepted assets amounting to more than RMB 67.43 million.