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Former BAIC Chairman Xu Heyi sentenced to death with reprieve for bribery
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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 (BAIC), for bribery and money laundering. Xu was convicted of bribery and sentenced to death with a two-year reprieve, lifelong deprivation of political rights, and confiscation of all personal property. He was also convicted of money laundering and sentenced to two years in prison with 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's bribery crimes and their interest will be confiscated and turned over to the state treasury. The verdict was reported by Beijing No. 3 Intermediate People's Court and sourced from China News Service.
Source report
Beijing, September 28, 2026 — The Beijing Third Intermediate People's Court publicly delivered its verdict today in the trial of Xu Heyi, former Party Secretary and Chairman of Beijing Automotive Group Co., Ltd. (BAIC), on charges of bribery and money laundering.
The court sentenced Xu Heyi to death, with a two-year reprieve, for bribery, along with the lifelong deprivation of political rights and the confiscation of all personal property. For money laundering, he was sentenced to two years' imprisonment and fined 200,000 RMB. 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 offenses and any accrued interest are to be confiscated and turned over to the state treasury.
Source: Beijing Third Intermediate People's Court (Via: China News Service – Jingwei)
Source
东方财富网-公司资讯Eastern
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Former BAIC Chairman Xu Heyi Sentenced to Death with Reprieve for Bribery and Money Laundering