The previous celebration secretary and chairman of Jianghuai Car Group (JAC), An Jin, is below investigation for corruption, China’s anti-graft watchdog stated.
An retired from state-owned JAC in 2021 after 46 years, having served as chairman for 9 years.
The Central Fee for Self-discipline Inspection stated on its web site that An was suspected of “critical violations of self-discipline and regulation” however didn’t give any particulars of the case.
JAC didn’t instantly reply to a request for touch upon Tuesday.
JAC companions with each Volkswagen and Chinese language electrical automobile agency Nio.
In 2017, JAC arrange a 50-50 three way partnership with Volkswagen centered on electrical autos and the German automaker secured a controlling stake within the enterprise three years later after Beijing relaxed overseas possession guidelines.
JAC is Nio’s manufacturing companion. In December，Nio stated it will take over some plant belongings from JAC.
Volkswagen and Nio didn’t instantly reply to requests for touch upon the investigation into An.
