Summary
This is a machine-generated summary.
(1) On July 14, 2025, the Intermediate People's Court of Qingdao, Shandong Province, delivered a public first-instance verdict in the case of Ruo Yulin, a former Vice-Ministerial-level official of the State-owned Assets Supervision and Administration Commission of the State Council. Ruo Yulin was sentenced to death with a two-year reprieve for accepting bribes and insider trading. His political rights were also revoked for life, and he was ordered to forfeit all his personal property. After serving his two-year death sentence reprieve, Ruo Yulin will be sentenced to life imprisonment without the possibility of commutation or parole. For insider trading, Ruo Yulin was sentenced to six years in prison and fined 8 million yuan. The court decided to execute the death sentence with a two-year reprieve, revoke his political rights for life, and forfeit all his personal property. After serving his two-year death sentence reprieve, Ruo Yulin will be sentenced to life imprisonment without the possibility of commutation or parole. The court ordered the confiscation of Ruo Yulin's ill-gotten gains and interest, which will be deposited into the state treasury. The trial found that from 1997 to 2023, Ruo Yulin used his position and influence to provide help to various units and individuals in business operations and project bidding, and accepted bribes worth over 220 million yuan through himself or others. From 2013 to 2014, Ruo Yulin disclosed insider information to others, causing significant impact on securities trading prices. The court concluded that Ruo Yulin's actions constituted bribery and insider trading. The court held that Ruo Yulin's crimes were extremely serious, causing significant harm to the state and the people, and that he should be sentenced to death. However, considering Ruo Yulin's confession, repentance, and restitution, the court decided to impose a death sentence with a two-year reprieve, and to sentence him to life imprisonment without the possibility of commutation or parole after serving his two-year reprieve.