On Monday, it was announced that former Deputy Head of the Bank of China Guizhou Branch, Xu Hongzhou, and former Deputy Head of the National Development Bank Heilongjiang Branch, Liu Kai, have been officially investigated.
According to the report issued by the Central Commission for Discipline Inspection of the Communist Party of China and the National Supervisory Commission on December 16th, Xu Hongzhou, former Party Committee Member and Deputy Head of the Bank of China Guizhou Branch, is suspected of serious violations of discipline and law. He is currently undergoing disciplinary review by the Discipline Inspection and Supervision Team of the Central Committee for Discipline Inspection and the National Supervisory Commission at the Bank of China, as well as the supervision investigation by the Supervisory Commission of Tianjin Municipality.
Public records indicate that Xu Hongzhou was born in 1970.
In December 2001, Xu Hongzhou was appointed Deputy Head of the Bank of China’s branch in Lu’an City, Anhui Province; in 2002, he became Deputy Head of the Bank of China’s branch in Wuhu City, Anhui Province; in 2005, he served as a professional approval officer in the risk management department of the Bank of China’s branch in Anhui Province; in 2009, he became the General Manager of the Small and Medium Enterprise Department of the Bank of China’s branch in Anhui Province; in 2010, he became the Head of the Bank of China’s branch in Chuzhou City, Anhui Province; and in 2011, he became the General Manager of the Corporate Business Department of the Bank of China’s branch in Anhui Province.
In 2014, Xu Hongzhou was transferred to Guizhou and appointed Assistant Head of the Bank of China Guizhou Branch. In 2016, he became the Deputy Head of the Bank of China Guizhou Branch.
In August 2017, Xu Hongzhou left the Bank of China Guizhou Branch and later joined Guohou Assets as Deputy General Manager. In March 2019, Xu Hongzhou was nominated as the Co-Chief Executive Officer of Zhongtian Energy (now delisted) and resigned in June 2019. Subsequently, Xu Hongzhou also participated in public events as the Director and General Manager of the Real Estate Financial Products Center of Ping An.
On the same day, the Central Commission for Discipline Inspection of the Communist Party of China and the National Supervisory Commission also reported that Liu Kai, former Party Committee Member and Deputy Head of the National Development Bank Heilongjiang Branch, is suspected of serious violations of discipline and law. He is currently undergoing disciplinary review by the Discipline Inspection and Supervision Team of the Central Committee for Discipline Inspection and the National Supervisory Commission at the National Development Bank, as well as the supervision investigation by the Supervisory Commission in Shuangyashan City, Heilongjiang Province.
There is limited publicly available information about Liu Kai.