Red Star Capital Bureau | Bribery of 7.16 Million Yuan! Former Guizhou Moutai Executive Gao Shuhong Sentenced to 10 Years in Prison and Fined 500,000 Yuan

Red Star Capital Bureau learned today that the Qianzhong District Intermediate People's Court of Guizhou Province officially released a message via its official WeChat account that this afternoon (March 30th), the court publicly pronounced the verdict on the bribery case of Gao Shuhong, former member of the Party Committee and Vice President of China Guizhou Baijiu Group (Group) Co., Ltd.

The court ruled: Defendant Gao Shuhong was convicted of bribery and sentenced to 10 years' imprisonment, with a fine of 500,000 yuan. Defendant Gao Shuhong's misappropriated property, amounting to 7,169,395 yuan (yuan) and its accrued interest, shall be recovered and confiscated to the state treasury.

It was ascertained during the trial that from 2009 to the second half of 2018, Defendant Gao Shuhong, while serving as General Manager Assistant of Baijiu (Group) Co., Ltd., General Manager of Baijiu External Investment Company, Member of the Party Committee and Vice President of Baijiu Group, and Chairman and General Manager of Baijiu High-New Investment Company, used his position for the benefit of others, illegally receiving property, the amount was particularly huge.

The court ruled that Defendant Gao Shuhong, as a state official, used his position for the benefit of others, illegally received property, and the amount was particularly huge. This behavior violated the law and constituted bribery. Considering Gao Shuhong had a voluntary confession and actively returned the misappropriated property, the court made a lenient decision in this case and rendered the above judgment.

After the verdict, Defendant Gao Shuhong stated in court that he would not appeal.

It is reported that from December 2011 to July 2019, Gao Shuhong served as Member of the Party Committee and Vice President of China Guizhou Baijiu Group (Group) Co., Ltd. In 2001, Gao Shuhong served as Deputy Director of Baijiu (Group) Co., Ltd., and led the acquisition of Changli Hongcheng Wine Company by Baijiu (Group) Co., Ltd., which was known as 'White Dye Red'. Gao Shuhong has also served as the legal representative of Baijiu Group's Tibet Wu Yi Zero Mineral Water Co., Ltd., which was exited due to the exit of investors following the group's slimming.