Caixin
Nov 26, 2021 04:52 PM
BUSINESS

Six Employees at State-Owned Yunnan Energy Probed Within a Month

What’s new: Two more senior executives from Yunnan Energy Investment Group Corp. have been placed under investigation, bringing the total number of high-ranking employees being probed to six within this month.

Yang Jian, the chairman and Communist Party secretary of a natural gas unit of Yunnan Energy Investment Co. Ltd. (002053.SZ), and Zhang Jing, the chairman and party secretary of Union Resources & Engineering HongKong Co. Ltd., are officially under investigation for “serious violation of discipline and law,” a common euphemism for graft, Yunnan province's anti-corruption watchdog said late Tuesday (link in Chinese).

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