AVIC SAC(SH:600760) Xin Jing Bao·2025-08-05 02:19Core Points - The former chairman of China Aviation Industry Corporation, Tan Ruishong, is facing prosecution for corruption, bribery, insider trading, and leaking insider information [1][2] - The investigation was conducted by the National Supervisory Commission and the Public Security Bureau of Chaoyang City, Liaoning Province, with the case now being handled by the Dalian People's Procuratorate [1] - Tan is accused of illegally occupying public property and accepting bribes while holding various high-ranking positions within the aviation industry [1][2] Group 1 - Tan Ruishong was investigated for serious violations of political, organizational, and disciplinary regulations, leading to his expulsion from the Communist Party [2] - The allegations include using his official position to benefit others in business dealings and illegally receiving substantial amounts of money [2] - The case highlights significant issues of corruption within the aviation sector, particularly in the context of state-owned enterprises [2] Group 2 - Tan Ruishong held several key positions, including chairman of Harbin Aviation Industry Group and general manager of China Aviation Industry Corporation [3][4] - His educational background includes a bachelor's degree from Beijing University of Aeronautics and Astronautics and a master's and doctoral degree from Harbin Engineering University [3] - His tenure as chairman of China Aviation Industry Corporation began in 2018, marking a significant leadership role in the industry [4]