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Hou Jinxi, a former deputy general manager-level researcher at the Industrial and Commercial Bank of China and former general manager of Yinda Labor Service Center, has been expelled from the party due to serious violations of discipline and law. The investigation found that Hou had lost his ideals and beliefs, and had engaged in corrupt activities, including embezzlement, bribery, and accepting gifts from management service recipients. He also used his position to influence others and profiteer from his authority. During the investigation, Hou was found to have engaged in various illegal activities, including the long-term private use of official vehicles, accepting banquets, and eating and drinking with public funds. As a result, Hou Jinxi was expelled from the party, and his benefits were cancelled. The case was also transferred to the procuratorate for review and prosecution.
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