Xin Lang Cai Jing·2025-12-26 09:09Core Viewpoint - The investigation into Yang Chao, former Party Secretary and President of China Life Insurance (Group) Company, revealed serious violations of discipline and law, leading to his expulsion from the Party and potential criminal prosecution [1][2][4][5]. Group 1: Investigation Findings - Yang Chao, as a leader in a financial state-owned enterprise, lost his ideals and beliefs, showing disloyalty to the Party and a lack of discipline awareness [1][4]. - He violated the Central Eight Regulations by improperly accepting gifts and dining invitations, and misused official vehicles [1][4]. - Yang breached organizational principles by failing to provide truthful information during inquiries and engaged in corrupt practices for personal gain in promotions and hiring [1][4]. Group 2: Disciplinary Actions - Yang Chao was found to have committed serious violations of political, organizational, and ethical discipline, constituting severe job-related offenses and suspected bribery [2][5]. - The Party decided to expel him, revoke his benefits, and confiscate his illegal gains, with criminal issues being referred to the prosecutorial authorities for further investigation [2][5].