Zheng Junhuai, former chairman of Yili Group, is back in jail and will be released again in early 2022

Late on November 4th, baotou Intermediate People's Court issued a notice that Zheng Junhuai, former chairman of Yili Group and current chairman of Heilongjiang Red Star Group, had twice commuted his sentence and was sentenced to prison againChang'an Street, noted that it had been 11 years since Zheng Junhuai was released from prisonA year ago, The Erie Group reported the former chairmanOn January 21, 2019, the Baotou Municipal People's Procuratorate submitted corrective opinions to the Baotou Intermediate People's Court on Zheng Junhuai's two commutations of sentences, according to a statementtheAfter a retrial, the Baotou Intermediate People's Court quashed the two commutations against Zheng Junhuai in accordance with the law on November 1, 2019on November 4, 2019, the Baotou Intermediate People's Court will order the service to Zheng Junhuai, and on the same day, Zheng Junhuai has been jailedjailed again in early 2022, if no accidentZheng Junhuai was born in September 1950 to the left flag man in Toummert, Hohhot City, Inner MongoliaIn 1983, he served as the predecessor of yili Group, Hucheng Huimin milk food factory directorin 1993, Yili carried out the reform of the shareholding system, and then became the first A-share listed company in the dairy industryZheng Junhuai has long been the chairman of Yili, party secretary, president (CEO) and other positions, the industry is known as the "godfather of the dairy industry."In June 2004, Zheng was reported to have "embezzled state-owned assets" after he set up a company with some of Erie's senior executives at the time to buy shares in Yili legal entities held by state-owned enterprisesand Zheng Junhuai argued in court: "Everything is done to solve the problem of the source of management's shareholding, so far do not understand that my actions have been against the law." "on December 31, 2005, Zheng Junhuai was sentenced to six years in prisonwhile serving his sentence, Zheng Junhuai was given two commutations for good behaviour and was released in September 2008out of prison, Zheng Junhuai chose to join Heilongjiang Red Star Group Food Co., Ltd as chairman in 2018, The feud between Zheng Junhuai and Yili Group flared up again On October 24, Yili Group published an open letter of real name report through the official website, official WeChat, official microblog, etc - "The years-long destruction of Yili suffering forced to open the real name report letter implores to thoroughly investigate Zheng Junhuai and his umbrella", the real name of the report former chairman Zheng Junhuai this report caused widespread concern, Chang'an Street notice noted that Yili Group's report letter mentioned that "Zheng Junhuai's six-year sentence, was manipulated to 'invent false water-saving equipment patents' and 'good performance' for the reason severing the sentence of 2 and a half years." Zheng Junhuai, , was born in September 1950, male, Inner Mongolia Hohhot City, Tumut left flag person, formerly served as the chairman of Inner Mongolia Yili Industrial Group Co., Ltd., is currently the chairman of Heilongjiang Red Star Group Food Co., Ltd 1974, graduated from the Department of Chinese Language and Literature of Inner Mongolia Normal University from January 1974 to November 1975, he worked in the Department of Political Affairs of the Agriculture and Forestry Bureau of Hohhot City from December 1975 to December 1979, he was the deputy secretary and director of the state-owned livestock and poultry farm in Hohhot from January 1980 to December 1982, he worked at the Dairy Company Guest House in Hohhot from January 1983 to May 1993, he was the director of Huimin Milk Food Factory in Hohhot City from May 1993 to December 2001, he was the Chairman, Secretary and President of Yili Industrial Group Co., Ltd., Inner Mongolia from 2002 to December 2004, he was the chairman, party secretary and CEO of Yili Industrial Group Co., Ltd of Inner Mongolia in December 2004, he was jailed on suspicion of embezzlement on 31 December 2005 and sentenced to six years in prison in September 2008, Zheng Junhuai was released from prison after receiving two commutations for good behaviour while serving his sentence joined Heilongjiang Red Star Group Food Co., Ltd in 2011 in January 2015, he was the chairman of Heilongjiang Red Star Group Food Co., Ltd jailed again in November 2019 Source: Chang'an Street