WLY(SZ:000858) Guo Ji Jin Rong Bao·2025-10-27 10:44Core Viewpoint - The former chairman of Wuliangye Group, Li Shuguang, has been expelled from the Party and public office due to serious violations of discipline and law, including corruption and abuse of power [1][4]. Summary by Sections Disciplinary Actions - Li Shuguang has been expelled from the Party and public office following a decision by the Sichuan Provincial Commission for Discipline Inspection [4]. - His violations include loss of ideals, weak discipline awareness, and engaging in superstitious activities [3]. Violations and Misconduct - Li Shuguang is accused of accepting gifts and money that could influence his official duties, violating the central eight regulations [3]. - He is also charged with abusing his power to benefit specific individuals, including family and friends, and engaging in corrupt practices [3][4]. Career Background - Li Shuguang was born in January 1962 and began his career in July 1983. He joined the Communist Party in November 1992 [5]. - He served as the chairman of Wuliangye Group from March 2017 to January 2022 and was the deputy director of the Sichuan Provincial Economic Committee from January 2022 to January 2023 [5]. Impact on Wuliangye Group - Under Li's leadership, Wuliangye Group underwent significant transformations, including a "second entrepreneurship" initiative focusing on brand, product, and channel reforms [7]. - The company achieved substantial revenue growth during his tenure, surpassing 700 billion yuan in 2016 and reaching 1.4 trillion yuan by 2021 [8]. Compensation - Li Shuguang received a total pre-tax salary of 4.5848 million yuan during his tenure, with his highest annual salary reaching 1.0953 million yuan in 2020 [8][9].