China Huaneng Group’s former party member and chief accountant Wang Yihua was investigated on May 30, 2026. Wang Yihua had served as the chief accountant of State Nuclear Power Technology Corporation, State Power Investment Group, and Huaneng Group; in recent years, several senior executives from these three companies have fallen from grace.
On May 30, 2026, the website of the Central Commission for Discipline Inspection and the National Supervisory Commission of the Communist Party of China announced that Wang Yihua, former party member and chief accountant of China Huaneng Group Co., Ltd., is under investigation for serious violations of discipline and law.
According to his public resume, Wang Yihua was born in March 1966 and graduated from Changsha University of Electric Power (now Changsha University of Science and Technology) with a major in accounting, and he is a senior accountant. He had held positions such as Director of Finance Department of Hunan Provincial Power Company, Deputy Manager of Finance and Property Management Department of China Power Investment Group Corporation, Chief Accountant and Party Member of State Nuclear Power Technology Corporation, and after the reorganization of State Power Investment Group, he became the Chief Accountant and Party Member of the group. From July 2018 to June 2025, Wang Yihua served as the chief accountant and party member of China Huaneng for seven years.
China Huaneng Group Co., Ltd., also known as China Huaneng, was established in 1985 as a key state-owned comprehensive energy group with a registered capital of 34.9 billion RMB. It owns 57 secondary units, over 480 tertiary enterprises, and 5 listed companies. Its main business includes power development, investment, construction, operation and management, power (heat) generation and sales, as well as development, investment, construction, production, sales of financial, coal, transportation, new energy-related industries and products, industrial investment operations, and management.
As early as 2016, China’s state media Xinhua News Agency reported that Huaneng Group had a presence in dozens of countries spanning four continents globally; “Red Huaneng” fulfills the responsibilities of central enterprises, serves the national strategy of the Communist Party of China, and actively participates in the construction of the Belt and Road Initiative.
On April 1, 2026, Kou Wei, former Deputy Secretary of the Party Committee and General Manager of China Datang Group, was sentenced for bribery, use of influence for bribery, corruption, and abuse of power by state-owned company personnel. Kou Wei was sentenced to death with a two-year reprieve. In December 2024, Kou Wei, who had been retired for two years, was officially investigated. Kou Wei had worked at Huaneng Group for 14 years from 2002 to 2016, holding positions such as Chief Engineer and Deputy General Manager.
It is worth noting that the establishment and rise of Huaneng Group occurred during the tenure of former Chinese Premier Li Peng, who oversaw the energy system. Li Peng’s eldest son, Li Xiaopeng, had long served as a senior executive at Huaneng Group from 1991 to 2008 and as the General Manager for nearly a decade from 1999 to 2008.
In September and November 2024, around the time Li Xiaopeng stepped down as the Secretary of the Communist Party Committee and Minister of the Ministry of Transport of the People’s Republic of China, several top executives at Huaneng Group were investigated, including Wu Yonggang, former Chairman of Huaneng Energy Transport Industry Holdings, Zhao He, former Deputy Chief Engineer of Huaneng Group, and Ma Yugang, a dedicated director and supervisor at Huaneng Group.
Wang Yihua had also served as a senior supervisor and deputy director of the Budget Supervision Department of the Finance and Property Management Department of China Power Investment Group Corporation; from May 2015 to July 2018, he worked as the Chief Accountant and Party Member of the State Power Investment Group Corporation for three years.
State Power Investment Group, formed by the reorganization of China Power Investment Group Corporation and State Nuclear Power Technology Corporation, was established on May 29, 2015, and is one of the five major power generation groups in mainland China, which include China Huaneng Group, China Datang Group, China Huadian Group, State Energy Investment Group, and State Power Investment Group.
A month before on April 28, 2026, Niu Guojun, a dedicated director of State Power Investment Group Co., Ltd., and former Deputy Secretary of the Party Committee and General Manager of Jilin Electric Power Co., Ltd., was reported to have been investigated.
According to his public resume, Niu Guojun was born in October 1969 and had served as the General Manager of Baicheng Power Company, Director of the Planning and Development Department of Jilin Electric Power, Chief Engineer of Jilin Energy Investment Co., Ltd., Deputy General Manager of Jilin Electric Power, and from August 2021 to June 2025, the General Manager of Jilin Electric Power.
On January 5, 2026, Wang Guoli, a dedicated director of State Power Investment Group Co., Ltd., was investigated. Wang Guoli, born in February 1967, had long been a senior executive within the State Power Investment Group system, holding various positions such as Director of the High-tech Industry Department of China Power Investment Group Corporation, Deputy Chief Engineer of Northeast Electric Power Co., Ltd., Chairman of Heilongjiang New Energy Co., Ltd., Party Secretary and General Manager of Heilongjiang Branch of State Power Investment Group.
Wang Yihua had previously served as acting head of the Finance Department of State Nuclear Power Technology Corporation and Director of the Finance Department and Director of the Fund Management Center; from December 2011 to May 2015, he was a Party Member and Chief Accountant of State Nuclear Power Technology Corporation.
State Nuclear Power Technology Corporation, also known as State Nuclear, was jointly established by the State Council of the Communist Party of China, China National Nuclear Corporation, China Power Investment Group Corporation, China General Nuclear Group, and China Tech Corporation on May 22, 2007, focusing on the introduction of third-generation nuclear power technology and the construction of large advanced pressurized water reactor nuclear power plants.
Wang Yihua’s former superior, Gu Jun, former Deputy Secretary of the Party Committee and General Manager of China National Nuclear Corporation (CNNC), was reported by the Central Commission for Discipline Inspection on January 29, 2026, for suspected serious violations of discipline and law.
From April 2011 to March 2015, Gu Jun served as a Director, General Manager, and Party Member of State Nuclear Power Technology Corporation; during this period, Wang Yihua was a Party Member and Chief Accountant of State Nuclear Power Technology Corporation, and the two worked together for over three years.
According to his public resume, Gu Jun was born in June 1963 in Qidong, Nantong, Jiangsu Province, and graduated from Shanghai Jiao Tong University with a major in nuclear power engineering. He had held various positions such as Deputy Chief Engineer and Deputy General Manager of Qinshan Nuclear Power Co., General Manager and Deputy Secretary of the Party Committee of Sanmen Nuclear Power Co., Director and General Manager of State Nuclear Power Technology Corporation, Director and Deputy Secretary of the Party Committee of China Nuclear Industry Construction Corporation, Chairman of China Nuclear Industry Construction Corporation, Director, General Manager, and Deputy Secretary of the Party Committee of CNNC, among others.