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Another car company executive has been investigated!

2024-07-14 Update From: AutoBeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)03/03 Report--

On 22 February, the website of the Central discipline Inspection Commission and the National Supervisory Commission of the Central Commission for discipline Inspection released news that according to the China FAW discipline Inspection Commission and the Jilin Provincial discipline Inspection Commission, Yan Feng, general manager of China FAW Audit and Law Department, was suspected of serious violations of discipline and the law. He is currently under disciplinary examination and supervision investigation by China FAW discipline Inspection Commission and Siping City Supervisory Commission of Jilin Province.

According to public data, Yan Feng was born in 1966, a member of the Communist Party of China, a master of engineering, a master of business administration, a senior engineer, and is currently the general counsel and general manager of the Audit and Law Department of first Automobile Group Co., Ltd. (hereinafter referred to as FAW Group).

Yan Feng has deep attainments in the automobile field and can be regarded as a veteran of FAW Group, but there is not much background information about Yan Feng in the market. According to the resume of the figures, he has served as the minister of the overseas division of FAW Group and served as chairman and party committee secretary of FAW Import and Export Corporation, and the general manager of FAW Group overseas division also served as chairman and party committee secretary of FAW Import and Export Corporation. general Manager and Deputy Secretary of the Party Committee of FAW Import and Export Corporation, Party Committee Secretary of FAW Group and Chairman of the Trade Union.

On October 31, 2023, FAW Jiefang announced that Wang Yanjun, the former supervisor of FAW Liberation, applied to resign as chairman and supervisor of the 10th supervisory board of the company because he had reached the legal retirement age. Yan Feng was nominated by the company's controlling shareholder, China first Automobile Co., Ltd., as a candidate for non-employee representative supervisor of the 10th FAW liberation supervisory board, which was examined and approved by the board of supervisors. At that time, Yan Feng was general counsel and general manager of the Audit and legal Department of FAW Group. On December 30, 2023, Yan Feng was elected chairman of the board of supervisors of FAW, a listed company.

But in less than a month, Yan Feng resigned from the post. On January 17, 2024, FAW Jiefang issued an announcement that Yan Feng applied for personal reasons to resign as chairman and supervisor of the 10th board of supervisors of the company. After his resignation, he will no longer hold any position in the company. The resignation report will take effect from the date it is delivered to the company's board of supervisors.

FAW Jiefang is a subsidiary of China first Automobile Co., Ltd. According to the official website, China first Automobile Group Co., Ltd. is a state-owned super-large automobile enterprise group, formerly known as the first automobile manufacturing plant, which currently has five major production bases in Northeast, North China, East China, South China and Southwest China. It has independent brands such as Red Flag, Liberation, Pentium and Volkswagen (Audi), Toyota and other joint venture brands, with a total production and sales of more than 57 million vehicles, ranking first in China's automobile industry.

It should be noted that although the automobile industry is a pillar industry, it is relatively easy to breed corruption because of its long chain and large scale. Since 2024, the anti-corruption work in the automobile industry has continued to deepen. On January 27, according to the China FAW discipline Inspection Commission and the Jilin Provincial discipline Inspection Commission, Ye Huaming, director of the operation center of China FAW Audi sales Co., Ltd., is suspected of serious violations of discipline and the law. He is currently under disciplinary examination and supervision investigation by China FAW discipline Inspection Commission and Songyuan City Supervision Commission of Jilin Province.

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