Wang Chonglin has been arrested. Eight former executives have been killed in Maotai within the year!

category:Finance
 Wang Chonglin has been arrested. Eight former executives have been killed in Maotai within the year!


Wang Chonglin was originally vice general manager of Guizhou Maotai (600519. SH) and chairman of Maotai liquor sales company. Last October, Wang Chonglin was transferred to Guizhou Communications Construction Group as a member of the Party committee and deputy general manager.

According to the first financial reporter combing the public information, since this year, the number of former executives of Maotai has risen to eight.

On May 22 this year, yuan Renguo, former deputy secretary of the Party committee and chairman of Maotai Group, was expelled from the party. The next day, yuan Renguo was arrested.

According to the information disclosed by the Central Discipline Inspection Commissions website of the State Supervision Commission in August, Yuan Renguo, as a leader of Moutai group, pursued my site has the final say, firmly holding the approval rights of Moutai liquor in his hands, making it a Qian Shu of his own, approving the store to collect money, approving dealers to collect money, splitting the management rights, collecting money, approving the sale of liquor and collecting money. In addition to collecting money by himself, yuan Renguo also allows his family, relatives and people around him to use his power and position to influence his interests. His wife, children, cousins, distant nephews, and even his nanny and driver, with the help of yuan Renguo, gain huge profits by drinking for personal gains. On September 6, the first instance of Guiyang intermediate peoples Court of Guizhou Province held a public hearing on the bribery case of yuan Renguo, the former chairman of Guizhou Maotai Liquor Co., Ltd.

After yuan Renguos fall, some old ministries also happened one after another.

On May 25, Nie Yong, the former director, chairman and legal representative of Maotai e-commerce company, was arrested by the peoples Procuratorate of Wanshan District of Tongren City on suspicion of bribery. After examination, Tongren Wanshan District Peoples Procuratorate decided on August 30, 2019 to prosecute to Tongren Wanshan District Peoples court for suspected bribery.

Then, on August 1, Gao Shouhong, former deputy general manager of Maotai Group, was dismissed from the party and public office. On the morning of November 5, the first instance of the intermediate peoples Court of Qiandongnan Miao and Dong Autonomous Prefecture of Guizhou Province opened a public hearing to hear the bribery case of Gao Shouhong, former member of the Party committee and deputy general manager of China Guizhou Moutai distillery (Group) Co., Ltd. Gao Shouhong pleaded guilty and repented in court.

On September 17, Liu Zili, the former general manager of Maotai Group, was expelled from the party. On the morning of November 13, the first trial of Qiannan intermediate peoples Court opened in public to hear the case of Liu Zilis bribery.

On October 8, Xiao Hua, the former vice chairman and general manager of Maotai e-commerce company, was suspected of taking bribes, which was investigated and concluded by Tongren Supervision Committee of Guizhou Province, and transferred to the procuratorial organ for examination and prosecution.

On November 19, according to Qianxinan Prefecture Peoples Procuratorate, Ma Yupeng, former assistant general manager of Maotai, former deputy secretary of the Party committee and general manager of Maotai liquor sales company, was suspected of bribery. The case was investigated and terminated by Qianxinan Prefecture supervisory committee and transferred to Qianxinan Prefecture Peoples Procuratorate for examination and prosecution.

On November 28, Wang Jing, the former head of Maotai Group e-commerce company series liquor, was arrested by Tongren Procuratorate on suspicion of bribery.

Li Baofang, chairman of Maotai Group, said recently that in the past 20 years, the traditional marketing system of Maotai liquor has played an important role in the development of Maotai liquor. However, due to extensive management, single channels, too much discretion, the distribution of resources is not open, unfair and opaque, which has formed the space and soil for power rent-seeking, which has led to liquor seeking, liquor eating, profit transmission and corruption The phenomenon of breeding exists. With the investigation of former executives, as early as last year, Maotai Group has launched a marketing system reform. Today, the marketing system is still in the process of transformation.

On November 22 of this year, at the special meeting of Maotai Group, Li Baofang stressed that the guiding opinions on the marketing policy of Maotai liquor in 2020 should be specific and the direction should be pointed out for dealers. In the future marketing work, we should be committed to effectively regulating the market, standardizing the market environment, making targeted measures while managing the sales system; when finding problems, we should keep our focus, focus on the key points and deal with them in time. In 2020, Maotai will continue to promote the reform of marketing system, strengthen market management, strengthen implementation, and ensure the continuous improvement of marketing environment of Maotai liquor while safeguarding the interests of dealers; accelerate the establishment of e-commerce companies, promote the healthy development of customized liquor and overseas markets; do a good job in the preparation of the dealers conference, and ensure that the conference is held well and effective.

Source: First Financial Editor: Guo Chenqi, nbj9931