Zhu Fushou Explained

Zhu Fushou
Native Name:Chinese: 朱福寿
Birth Place:Tongcheng, Anhui, China
Alma Mater:Hefei University of Technology
Zhongnan University of Economics and Law
Occupation:General Manager of Dongfeng Motor (July 2001 – November 2015)
Years Active:1994–2015
Party:Chinese Communist Party (1984–2015, expelled)

Zhu Fushou (; born October 1962) is a former Chinese business executive who served as General Manager of Dongfeng Motor, a Chinese automobile manufacturer. On November 2, 2015, Zhu was placed under investigation by the Communist Party's anti-corruption agency.[1]

Career

Zhu Fushou was born in Tongcheng, Anhui in October 1962. He graduated from Hefei University of Technology in 1984 and Zhongnan University of Economics and Law in 2001.[1] Zhu was joined Chinese Communist Party in 1984. He went to Dongfeng Motor and became the General Manager of Dongfeng Motor Wheel Co., Ltd. (Chinese: 東風汽車車輪有限公司) in 1994. Since July 2001, Zhu Fushou became the General Manager of Dongfeng Motor.[1] Zhu also was the member of the 11th Hubei People's Congress.[2]

On November 2, 2015, Zhu Fushou was placed under investigation by the Central Commission for Discipline Inspection of the Chinese Communist Party, the party's internal disciplinary body, for "serious violations of regulations".[1] At the same day, Dongfeng Motor's stock price fell 1.4 per cent to 11.08 Hong Kong dollars in Hong Kong.[3]

On January 29, 2016, the CCDI announced Zhu was expelled from the party and demoted.[4]

Notes and References

  1. Web site: 东风汽车公司党委副书记、董事、总经理朱福寿接受组织调查 . Central Commission for Discipline Inspection of the Chinese Communist Party. 2015-11-02.
  2. Web site: 朱福寿任东风汽车新总经理. ifeng.com. 2011-04-14.
  3. Web site: China stocks decline after weak factory output, escalating corruption probe. South China Morning Post. 2 November 2015.
  4. Web site: 中央纪委2015年给予10名中管干部党纪重处分并作出重大职务调整 . January 29, 2016 . CCDI.