Anhui Construction Engineering Chairman Yang Shanbin Under Investigation for Discipline Violations
Yang Shanbin, Chairman and Party Secretary of Anhui Construction Engineering Group, is under disciplinary review and supervisory investigation by the Anhui Discipline Inspection and Supervision Commission for suspected serious violations of discipline and law, as announced on September 18, 2026. The company stated operations remain normal, other senior management are performing duties, and a board meeting will be convened to elect an acting chairman. The investigation follows the earlier detention of Vice President He Hongchun.
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Anhui Construction Engineering Chairman Yang Shanbin Under Disciplinary Review
On September 18, Cailian Press reported that Anhui Construction Engineering (600502.SH) announced its Chairman and Party Secretary, Yang Shanbin, is suspected of serious violations of discipline and law and is currently undergoing disciplinary review and supervisory investigation by the relevant Commission for Discipline Inspection and Supervision. The company stated that other directors and senior management are performing duties normally, production and operations remain normal, and there has been no material impact. The company will promptly convene a board meeting to designate a director to act as chairman. The company has not yet been informed of the progress or conclusions of the investigation and will continue to monitor subsequent developments and fulfill its information disclosure obligations.
Read sourceParty Secretary of Anhui Construction Engineering Group Under Investigation
On September 18, Cailian Press reported, citing the Anhui Provincial Commission for Discipline Inspection and Supervision, that Yang Shanbin, Party Secretary and Chairman of Anhui Construction Engineering Group Holdings Co., Ltd., is suspected of serious violations of discipline and laws. He is currently undergoing disciplinary review and supervisory investigation by the provincial commission. The announcement provides no further details on the specific allegations. The investigation reflects ongoing anti-corruption efforts within state-owned enterprises in China's construction sector.
Anhui Construction Engineering Chairman Yang Shanbin Under Disciplinary Review
On September 18, 2026, Anhui Construction Engineering (stock code 600502) announced that its chairman and Party secretary, Yang Shanbin, is suspected of serious violations of discipline and law and is currently undergoing disciplinary review and supervisory investigation by the relevant discipline inspection and supervision commissions, as per a public notice released on the same day. The company stated that all other directors and senior management personnel are performing their duties normally, and the company's production and operations remain normal, with no material impact incurred. The announcement was sourced from the official websites of the relevant commissions and reported by People's Finance News via stockstar_securities_news.
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Anhui Construction Engineering Chairman Yang Shanbin Under Investigation
Anhui Construction Engineering (600502.SH) announced on September 18, 2026, that its Chairman and Party Secretary, Yang Shanbin, is suspected of serious violations of discipline and law and is currently undergoing disciplinary review and supervisory investigation by the relevant Commission for Discipline Inspection and Supervisory Commissions, according to a public notice. The company stated that all other directors and senior management are performing their duties normally, and production and operations remain normal without any material impact. The company will promptly convene a board meeting to elect a director to act as chairman, in accordance with the Company Law and the Articles of Association.
Read sourceAnhui Construction Engineering Chairman Yang Shanbin Under Investigation Amid Mixed Financial Results
Anhui Construction Engineering Group's Chairman and Party Secretary Yang Shanbin is suspected of serious violations of discipline and law and is undergoing disciplinary review and supervisory investigation, according to a September 18, 2026 public notice from relevant discipline inspection commissions and supervisory commissions. The company stated that all other directors and senior management are performing duties normally, and production and operations remain unaffected. The company will convene a board meeting to elect a director to act as chairman. Financially, the company reported operating revenue of RMB 30.688 billion in the first half of 2026, up 1.67% year-on-year, and net profit attributable to shareholders of RMB 564 million, up 2.08% year-on-year. The company's share price has fallen approximately 3.6% cumulatively since the start of the year, though it hit daily limit-up on two consecutive trading days at the end of March. The company continues its dual-wheel-driven development model of 'investment + construction' and has won bids for five highway BOT projects in the first half.
Read sourceAnhui Construction Engineering Chairman Yang Shanbin Under Investigation; Company Says Operations Normal
Anhui Construction Engineering Group announced that its chairman, Yang Shanbin, is under disciplinary review and supervisory investigation. The company stated it will convene a board meeting to elect an acting chairman, and that all other senior management are performing duties normally, with production and operations remaining unaffected. This investigation follows the detention of Vice President He Hongchun in early August, who subsequently resigned. The company has not yet been informed of the progress or conclusions of the investigation. In the first half of the year, Anhui Construction Engineering reported operating revenue of RMB 30.688 billion, up 1.67% year-on-year, and net profit attributable to shareholders of RMB 564 million, up 2.08% year-on-year. The company is a comprehensive enterprise managed by the Anhui Provincial Party Committee and Provincial Government, founded in 1952.
Read sourceAnhui Construction Engineering Chairman Yang Shanbin Under Investigation for Discipline Violations
On September 18, Anhui Construction Engineering (stock code 600502) announced that its chairman and Party Secretary, Yang Shanbin, is under disciplinary review and supervisory investigation by the Anhui Discipline Inspection and Supervision Commission for suspected serious violations of discipline and law. The company stated that other directors and senior management are performing duties normally, production and operations remain unaffected, and a board meeting will be convened to nominate an acting chairman. Yang Shanbin, born in 1969, has held the chairman role since January 2023 and previously served in various local government positions including Secretary of Dangtu County Committee and Vice Mayor of Ma'anshan. Anhui Construction Engineering, founded in 1952 and controlled by the State-owned Assets Supervision and Administration Commission of Anhui Province, reported operating revenue of RMB 30.688 billion and net profit of RMB 564 million in the first half of 2026. The company has not yet been informed of the investigation's progress or conclusions.
Read sourceAnhui Construction Engineering Chairman Yang Shanbin Under Investigation
Anhui Construction Engineering Co., Ltd. announced that its chairman, Yang Shanbin, is under investigation. The company stated that all other directors and senior management personnel are performing their duties normally, and production and operations remain unaffected. In accordance with the Company Law and the company's Articles of Association, a board meeting will be promptly convened to elect a director to act on behalf of the chairman. The report was published by Shanghai Securities News via China Securities Network and relayed by East Money.
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