Group 1 - Li Guangmi, the former Party Secretary and Chairman of Hainan Rural Credit Cooperative Union, has been expelled from the Party due to serious violations of discipline and law [1][2] - The investigation revealed that Li Guangmi engaged in activities such as accepting gifts and entertainment at public expense, and misusing his power for personal gain, including facilitating loans for others [2][3] - Li Guangmi's actions were deemed to have a severe impact and were characterized as serious violations of organizational, integrity, and work discipline, leading to his expulsion and further legal actions [2][3] Group 2 - Li Guangmi has a long career in the banking sector, having worked at the Agricultural Bank of China in Hainan before taking leadership roles in the Hainan Rural Credit Cooperative Union [3] - The Hainan Rural Credit Cooperative Union was established in 2007 and is set to merge into Hainan Rural Commercial Bank by May 2024, which will be the first local bank established under a unified provincial model [3] - As of the end of 2024, Hainan Rural Commercial Bank is projected to have a deposit balance of 3300.35 billion yuan, a loan balance of 1956.86 billion yuan, and total assets of 3826.47 billion yuan [3]
靠金融吃金融!利光秘,被开除党籍
Zhong Guo Ji Jin Bao·2025-09-15 13:09