Wire flash
Former BAIC Chairman Xu Heyi sentenced to death with reprieve for bribery, money laundering
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
On September 28, 2026, the Beijing No. 3 Intermediate People's Court publicly sentenced Xu Heyi, former Party Secretary and Chairman of Beijing Automotive Group Co., Ltd. (BAIC), to death with a two-year reprieve for bribery and money laundering. Xu was convicted of bribery and sentenced to death, suspended for two years, with lifelong deprivation of political rights and confiscation of all personal property. He also received a two-year prison term and a 200,000 yuan fine for money laundering. The court ordered the confiscation of all bribery proceeds and their interest. The verdict was reported by state broadcaster CCTV and aggregated by Cailianshe.
Source report
Beijing, September 28, 2026 — The Beijing Third Intermediate People's Court publicly delivered its verdict today in the case of Xu Heyi, former Party Secretary and Chairman of Beijing Automotive Group Co., Ltd. (BAIC Group), on charges of bribery and money laundering.
The court sentenced Xu Heyi to death, with a two-year reprieve, for bribery, along with lifelong deprivation of political rights and confiscation of all personal property. For money laundering, he received a two-year prison sentence and a fine of 200,000 yuan. The combined sentence is death with a two-year reprieve, lifelong deprivation of political rights, and confiscation of all personal property.
All proceeds from Xu Heyi's bribery crimes and any accrued interest will be confiscated and turned over to the state treasury.
(Source: CCTV News)
Source
财联社Eastern
Part of this Story
Former BAIC Chairman Xu Heyi Sentenced to Death with Reprieve for Bribery and Money Laundering