Vice President Wang Hao of Industrial and Commercial Bank of China Financial Technology Co., Ltd. Under Investigation

On May 29th, 2026, Wang Hao, the vice president of Jiaoyin Financial Technology Co., Ltd., a subsidiary of China Jiaotong Bank, was officially announced to have been removed from office.

According to the report from the Central Commission for Discipline Inspection of the Communist Party of China and the National Supervisory Commission on May 29th, Wang Hao, the vice president of Jiaoyin Financial Technology Co., is suspected of serious violations of discipline and law, and is currently undergoing disciplinary review by the discipline inspection and supervision team of the Central Commission for Discipline Inspection and the National Supervisory Commission stationed in Jiaotong Bank, as well as investigation by the Anshan Municipal Supervisory Committee in Liaoning Province.

Public records show that on April 29th, 2024, Wang Hao attended the “2024 Zhongguancun Forum – Fintech Parallel Forum” as the vice president of Jiaoyin Financial Technology Co., where he participated in a roundtable discussion on “Unlocking the Value of Data Elements to Empower the Upgrade of Financial Services,” focusing on topics such as “data preparation, characteristics of artificial intelligence, and security and privacy.”

It is worth noting that this is the second senior executive of the company to be removed from office in the same position.

On August 17th, 2023, Sun Yikun, then vice president of Jiaoyin Financial Technology Co., was subjected to review by the same disciplinary inspection department and investigation by the same supervisory department for suspected serious violations of discipline and law. The following day, Zhou Yanti, then general manager of the Financial Technology Department of Jiaotong Bank, was officially announced to have been removed from office.

In February 2024, Sun Yikun was announced to have been “expelled from the party and public office.” In addition to violating the “Eight Central Regulations,” he also “used his position for personal gain, sought benefits for others in project procurement, and illegally accepted a particularly large amount of money and property.”

Public records show that Jiaoyin Financial Technology Co., Ltd. was officially registered by Jiaotong Bank in the China (Shanghai) Pilot Free Trade Zone Lingang New Area on August 25th, 2020, with a registered capital of 600 million RMB, and opened for business on November 27th of the same year. The main business direction of the company is to use financial technology as a means to conduct software development, technology consultation and innovation, information system integration services, etc.