On June 24, 2024, Tang Yong, the former party secretary, chairman of the board of directors, and CEO of China Res Land, a well-known real estate development enterprise, was sentenced to 15 years in prison and fined RMB 5 million for bribery by the Intermediate People's Court of Mianyang City, Sichuan Province. The first-instance verdict found that Tang Yong's bribery amount was about RMB 73.67 million. (Economic Observer Net)
受贿逾7000万元，华润置地董事局原主席唐勇一审被判15年
Former chairman of china res land, Tang Yong, was sentenced to 15 years in prison for accepting bribes of more than 70 million yuan in the first instance.
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