Wang Hanbing People's Daily Online data map

Wang Hanbing, the former party secretary and chairman of Hubei Yangtze River Economic Belt Industrial Fund Management Co., Ltd., has been expelled from the party and public office, and his suspected crimes have been transferred to the procuratorate for review and prosecution in accordance with the law.

On January 7, 2019, the website of the Hubei Provincial Commission for Discipline Inspection and Supervision stated that after investigation, Wang Hanbing violated political discipline and failed to fulfill the main responsibility of comprehensively and strictly governing the party, causing serious adverse effects; he violated organizational discipline and did not truthfully report personal matters.Not truthfully explaining the problem to the organization when the organization conducts a letter inquiry, violating the state-owned enterprise’s three majors and one major deliberation rules, personally deciding on the company’s large-scale capital operation matters; violating integrity and discipline, accepting gifts that may affect the fair execution of official duties;, Covet for pleasure and pursue vulgar taste, causing adverse effects, and having inappropriate sexual relations with others, causing adverse effects.

Wang Hanbing was also accused of violating national laws and regulations, taking advantage of his position to illegally accept other people’s shopping cards and engaging in prostitution activities; taking advantage of his position to seek benefits for others and illegally accepting other people’s property, the amount was particularly huge, and he was suspected of accepting bribes;For the convenience of his position, he illegally possessed public property by deception, with a large amount, and was suspected of corruption.

The Hubei Provincial Commission for Discipline Inspection pointed out that Wang Hanbing, as a party member and leading cadre, has lost his ideals, beliefs and party spirit.Disciplinary and national laws, and suspected of duty crimes, and after the 18th National Congress of the Communist Party of China, they did not restrain themselves, did not stop, and did not know how to stop. The nature is bad and the circumstances are serious. They should be dealt with seriously.

The governor of Chang’an Street, a WeChat official account, once mentioned that although the fund management company that Wang Hanbing belongs to has not been established for a long time, it is very important to Hubei Province.

On December 30, 2015, Hubei Yangtze River Economic Belt Industrial Fund and Management Company was unveiled in Wuhan.This fund was initiated and established by the Hubei Provincial Party Committee and the Provincial Government, and the provincial finance contributed 40 billion yuan as financial guidance funds to set up a 200 billion yuan fund of funds, which will eventually leverage 1 trillion yuan in investment.

According to his public resume, Wang Hanbing was born in Shanghai in December 1978 and had worked in Hubei for a long time.When the above-mentioned fund management company was established, he served as chairman at the age of 37 and became a provincial cadre.

According to reports, looking at Wang Hanbing's resume, youth and promising can become synonymous with him.Earlier, he served as the director of the planning department of Hubei United Development Investment Co., Ltd., the chairman of the supervisor of Hubei Intercity Railway Co., Ltd., and the chairman of Wuhan United Development Port Co., Ltd., etc.

After that, Wang Hanbing returned to Hubei United Development Investment Group Co., Ltd. (formerly known as Hubei United Development Investment Co., Ltd.), and served as a member of the party committee and deputy general manager of the group from May 2014 to November 2015.Until the end of July 2018, Wang Hanbing was notified of suspected serious violations of discipline and illegal duties, was undergoing disciplinary review and supervisory investigation, and was taken detention measures.