Core Viewpoint - The article discusses the downfall of Li Shuguang, the former chairman of Wuliangye Group, who was expelled from the party and public office due to serious corruption allegations, including bribery and illegal profit-making for relatives and friends [2][29]. Group 1: Background and Rise - Li Shuguang, born in 1962, began his career in the Sichuan economic and trade system, gradually rising through various government positions over 30 years [3][4][5]. - In 2017, he became the chairman of Wuliangye Group, taking over during a recovery phase for the liquor industry, and initiated a "second entrepreneurship" strategy [8][9][10]. - Under his leadership, Wuliangye's revenue grew from over 70 billion yuan in 2016 to 140 billion yuan in 2021, with stock prices soaring from 30 yuan to 328 yuan per share [10][11]. Group 2: Corruption Mechanisms - Li utilized his power to control brand approvals, channel management, and project decisions, creating an environment conducive to corruption [12][18]. - He transformed the approval of distribution rights into a direct tool for financial gain, manipulating the distribution process to benefit himself and his associates [16][17][24]. - Li's salary increased dramatically during his tenure, but this was just a fraction of his overall illicit gains, which were primarily derived from the distribution rights and connections with distributors [14][18]. Group 3: Family and Friends Involvement - Li's corruption network included family and friends, who were involved in various business sectors related to Wuliangye, such as packaging and construction [25][26]. - He facilitated contracts for these associates, often at inflated prices, ensuring that profits flowed back to his inner circle [27][28]. Group 4: Systematic Corruption Strategy - Li's corruption strategy involved three main tactics: creating a favorable environment for corruption, seizing opportunities to extract benefits, and silencing dissent [28]. - He manipulated internal structures to ensure loyalty among key personnel, which allowed him to maintain control and avoid scrutiny [28][29]. Group 5: Consequences and Legal Action - Li's corruption was exposed in early 2023, leading to a formal investigation that revealed extensive details of his illicit activities [31][34]. - On October 27, 2025, he was officially expelled from the party and public office, with his case being transferred to judicial authorities for prosecution [35][36].
五粮液董事长李曙光的敛财之道