SDHS(SH:600350) Guan Cha Zhe Wang·2025-12-30 13:12Group 1 - The Shandong Provincial Intermediate People's Court sentenced Zhou Yong, former vice chairman of the Shandong Provincial Committee of the Chinese People's Political Consultative Conference, to life imprisonment for bribery, confiscating all personal property and seizing illicit gains [1] - Zhou Yong was found guilty of accepting bribes totaling over 107 million yuan (approximately 15.1 million USD), with more than 53 million yuan (approximately 7.5 million USD) not actually received [1] - The court acknowledged Zhou's cooperation during the investigation, including confessing to most of the bribery facts and returning all illicit gains, which contributed to a lighter sentence [1] Group 2 - Zhou Yong, born in 1962, held various positions in the Shandong transportation sector, including roles as general manager and chairman of Shandong Highway Group [2] - He served as deputy mayor of Laiwu City in 2013 and later held significant leadership roles in transportation companies until his appointment as a member of the Shandong Provincial Committee in 2023 [2] - Zhou was investigated in March 2024 for multiple violations, including accepting gifts and using properties and vehicles from management and service objects [3][4]