A · Important
[Illegal receipt of more than 436 million yuan in property Wang Huimin, former member of the Party Committee of the China Securities Regulatory Commission, was sentenced to death with a suspended death sentence in the first instance] On October 27, 2026, the Intermediate People's Court of Chengdu City, Sichuan Province publicly announced in the first instance that Wang Huimin, a former member of the Party Committee of the China Securities Regulatory Commission and the former leader of the Discipline Inspection and Supervision Team of the Central Commission for Discipline Inspection and the National Supervisory Commission at the China Securities Regulatory Commission, was sentenced to bribery. The defendant Wang Hui People were sentenced to death for accepting bribes, with a two-year suspended execution, deprived of political rights for life, and all personal property was confiscated. After the two-year suspended execution of the death penalty was commuted to life imprisonment in accordance with the law, he was sentenced to life imprisonment without commutation or parole. The property and interest obtained from Wang Huimin's crime of accepting bribes were turned over to the state treasury in accordance with the law, and the remaining part continued to be recovered.
It was found after trial that from 1998 to 2025, the defendant Wang Huimin used his position as president and party committee secretary of the Xinjiang Uygur Autonomous Region Branch of China Construction Bank, assistant to the chairman of the Xinjiang Uygur Autonomous Region People's Government, director of the Xinjiang Uygur Autonomous Region People's Government's Financial Work Office and party secretary, and party committee secretary of the Xinjiang Uyghur Autonomous Region Rural Credit Cooperatives United Cooperative. The reporter, secretary of the Discipline Inspection Commission of the China Securities Regulatory Commission, leader of the Discipline Inspection Team of the Central Commission for Discipline Inspection of the China Securities Regulatory Commission and other positions, as well as the convenient conditions for the formation of powers and status, provided assistance to relevant units and individuals in business operations, raising funds and other matters, and illegally received property directly or through others, totaling more than RMB 436 million.
The Chengdu Intermediate People's Court held that defendant Wang Huimin's behavior constituted the crime of accepting bribes. The amount of bribes Wang Huimin accepted was extremely huge and caused extremely heavy losses to the interests of the country and the people. He should be sentenced to death for his crime. In view of the attempted bribery crime; he truthfully confessed his crime after arriving at the case, and took the initiative to explain some of the bribery facts that were not known to the case-handling agency; he pleaded guilty and repented, and part of the bribery money was recovered, and there were statutory and discretionary lenient punishment circumstances. He was sentenced to death, but it may not be executed immediately. At the same time, based on the facts and circumstances of Wang Huimin's crime, it was decided that after the expiration of the two-year suspension of his death penalty, which would be commuted to life imprisonment in accordance with the law, he would be imprisoned for life without commutation or parole. The court then made the above judgment.
It is reported that the Chengdu Intermediate People's Court held a public hearing on the case on July 17, 2026. During the trial, the procuratorate presented relevant evidence, and the defendant Wang Huimin and his defender conducted cross-examination. Both the prosecution and the defense fully expressed their opinions under the auspices of the court. Wang Huimin made a final statement and expressed his guilt and repentance in court. More than 30 people including deputies to the National People's Congress, members of the Chinese People's Political Consultative Conference and people from all walks of life attended the trial. (CCTV News)
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