Wanda executives taken away by police? People in the know: Internal anti-corruption

On August 8, market sources said that Liu Haibo, senior vice president of Wanda Group in charge of group investment business, was taken away by the public security organs. People familiar with the matter said on August 8 that Liu Haibo was involved in some problems because of Wanda's internal anti-corruption. According to

public information, Liu Haibo, male, graduated from Beijing University of Aeronautics and Astronautics in July 1991. From July 1991 to February 1994, he worked as a teacher in the Department of Electronic Engineering, Beijing University of Aeronautics and Astronautics. From February 1994 to June 2010, he served as the deputy general manager of Eton Industrial (Xiamen) Co., Ltd.

In 2010, Liu Haibo joined Dalian Wanda Commercial Group and successively served as Assistant President, Executive Vice President of Development Department, General Manager of Development Department, Regional General Manager, Chief Vice President and Senior Vice President of the Group. Before being taken away, Liu Haibo had been in charge of Wanda Group's investment business, which can be said to be Wanda's "veteran". People

familiar with the situation said that in addition to Liu Haibo, other people from Wanda Investment Port were taken away by the public security organs. In the view of the industry, Liu Haibo was taken away by the public security organs, which is the continuation of Wanda's anti-corruption storm. Real estate companies have been paying close attention to internal corruption. With the cooling of the market, the internal management of enterprises is more stringent.

Wang Jianlin once said at the work summary meeting in 2018 that "the marketing personnel of individual companies in the real estate group are collectively corrupt and enrich themselves at the expense of the public.". Anti-corruption is always unremitting, high salary can not maintain honesty, only long-term anti-corruption. Wang Jianlin has said that Wanda has established a strong audit team, and the audit department is equivalent to the discipline inspection commission of Wanda Group. According to

public information, Wanda Audit Department was established in 2001, and its members are composed of professionals in finance, engineering, budget, soil and hydropower. Since its establishment, Wanda Audit Center has investigated and dealt with many internal corruption incidents.

In the past two years, Wanda has had many senior executives taken away for investigation of corruption. In December

2021, Zhu Zhanbei, Vice President of Wanda Business Management and President of Bingsheng Science and Technology, was suspected of corruption and was taken away by Shanghai police for investigation. Wanda Group reported the matter internally, emphasizing once again that Wanda has zero tolerance for corruption. In August

2019, the audit center of the group verified that four people, including Wang Mou, former assistant president of the business management group and general manager of the South China Operating Center, had seriously violated the group system and demanded bribes from merchants, suppliers and employees in a huge amount, which had been suspected of committing a crime. After the incident, Wanda terminated labor relations with four people and handed them over to the judiciary.