Former SAIC Vice President Chen Demei Sentenced to 12 Years in Prison for Bribery and Abuse of Power
[Executive Misconduct] Chen Demei, former vice president of SAIC Motor Corporation Limited, was sentenced to 12 years in prison in the first-instance trial for accepting bribes and illegally profiting for relatives and friends.
Key Development: Chen Demei Abused Authority to Benefit Family Members
From 2013 to 2017, while serving as vice president of SAIC Motor, Chen Demei used his influence to secure group contracts for a company effectively controlled by his son at prices significantly above market rates, generating illegal profits of RMB 5 million.
Key Figures: Total Bribes Exceed RMB 29.46 Million
Between 2007 and 2023, during his tenure as general manager of Shanghai Huizhong Automotive Components Co., Ltd., vice president of SAIC Motor, and chairman of Anji Logistics, Chen Demei accepted bribes totaling over RMB 29.46 million in exchange for providing benefits to others. The court sentenced him to 12 years’ imprisonment and imposed a fine of RMB 3.5 million.
Industry Impact: Sustained Anti-Corruption Pressure in the Auto Sector
This case once again highlights the automotive industry’s intensified oversight of supply chain corruption and related-party transactions, signaling a stronger push toward compliance and governance.