On January 18, 2019, according to the Guangxi Zhuang Autonomous Region Discipline Inspection and Supervision Committee: Recently, with the approval of the Autonomous Region Party Committee, the Autonomous Region Discipline Inspection and Supervision Committee conducted a disciplinary review and review of serious violations of discipline and law by Chairman Liang Shouling and General Manager Zeng Xianwen of Guangxi Water Conservancy and Electric Power Construction Group Co., Ltd.Supervise and investigate and take detention measures against them.

After investigation, Liang Shouling violated work disciplines and incorrectly performed his duties while serving as the chairman of Guangxi Water Conservancy and Electric Power Construction Group Co., Ltd., and was directly responsible for the illegal evasion of project funds of Guangxi Water Conservancy and Electric Power Construction Group Co., Ltd.; violated national laws and regulations, taking advantage of his position, accepting requests to seek benefits for others and accepting huge amounts of property, suspected of bribery.

While serving as the general manager of Guangxi Water Conservancy and Electric Power Construction Group Co., Ltd., Zeng Xianwen violated work disciplines and incorrectly performed his duties. He was directly responsible for the illegal misappropriation of project funds of Guangxi Water Conservancy and Electric Power Construction Group Co., Ltd.; he violated national laws and regulations and took advantage of his position.For the convenience of others, accepting requests to seek benefits for others and accepting huge amounts of property is suspected of bribery.

In accordance with the Disciplinary Punishment Regulations of the Communist Party of China, the Supervision Law of the People's Republic of China and other relevant provisions, after deliberation at the Standing Committee Meeting of the Discipline Inspection Commission of the Autonomous Region and the Executive Meeting of the Supervisory Committee and reported to the Party Committee of the Autonomous Region for approval, it was decided to expel Liang Shouling and Zeng Xianwen from the Party; it was recommended that China Energy Construction Group Co., Ltd.Liang Shouling and Zeng Xianwen were given the sanction of dismissal from public office; their illegal income was confiscated; their suspected criminal issues and the property involved were transferred to the procuratorate for review and prosecution in accordance with the law.

Liang Shouling and Zeng Xianwen announced that they were under investigation at the same time on January 4 this year, and this time they announced that they had been arrested at the same time.

According to search information on the official website of China Energy Construction Group, both Liang Shouling and Zeng Xianwen have served in Guangxi Hydropower Construction Group for more than ten years. Among them, Liang Shouling served as chairman and general manager. In 2014, Zeng Xianwen was promoted to general manager, and Liang Shouling continued to serve as chairman untilFallen this year.

Zhengshier noticed that in recent years, Guangxi Hydropower Construction Group has repeatedly exposed news of asset sales, and once sold 20 houses in Beijing at one time.

In early 2014, Guangxi Water Conservancy and Electric Power Construction Group listed 20 properties in Beijing for sale.According to information released by the Beijing Equity Exchange at the time, these 20 suites are located on Dongjing Road, Xicheng District, Beijing, and the listing prices for each suite range from 4.08 million to 7.06 million.

In an interview with the Economic Observer, Beijing Yichanquan Investment Co., Ltd., which acted as agent for the property transfer, introduced that this building is a residential building. It used to be their Beijing office, but no one lived in it. Now the state-owned enterprise reform needs to clean up its assets.

As early as May and September 2009, Guangxi Hydropower Construction Group was listed for transfer on the Beijing Equity Exchange twice.In September 2009, Guangxi Hydropower Group listed the transfer of 100% equity of its subsidiary Expressway Co., Ltd. and about 1.8 billion yuan of debt. The listing price at that time was about 2.14 billion yuan.

In January 2016, the group once again publicly listed the transfer of 100% equity and debt of 2.1835 billion yuan in Expressway Co., Ltd., with a listing price of 2.1835 billion yuan.

According to financial data, Expressway Co., Ltd.'s net profit and loss exceeded 100 million yuan in both 2014 and 2015.