Exclusive: Two Former Executives of China Electronics Technology Taken Away

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Chen Zhaoxiong, former chairperson of CETC, and Wu Manqing, former CETC general manager. Photo: File photo

Two former executives of state-owned China Electronics Technology Group Corp. (CETC) have been taken away by authorities, sources told Caixin.

Chen Zhaoxiong, former chairman of the conglomerate, was taken away in late September, according to multiple sources familiar with the matter. Before that, Wu Manqing, an ex-general manager, suffered the same fate.

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Chen Zhaoxiong and Wu Manqing, former executives of China Electronics Technology Group Corp., have been detained by authorities, although their involvement in corruption is unclear.
He Wenzhong, another ex-executive of CETC, has been arrested for corruption and faces charges, with an investigation ongoing since April.
Several other CETC employees are reportedly cooperating with unspecified investigations, as the company is scrutinized by authorities.

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