The Beijing No. 2 Intermediate People's Court sentenced Ren Zhiqiang to 18 years in prison and fined him 4.2 million yuan on charges of embezzlement, bribery, misappropriation of public funds, and abuse of power by personnel of state-owned companies.
Ren Zhiqiang, who was once active in Alashan SEE and published articles criticizing the supreme leader, was sentenced to 18 years in prison in September 2020 on charges including corruption and bribery.
Ren Zhiqiang was sentenced to 18 years in prison for remarks criticizing epidemic prevention policies and other statements, sending shockwaves through China's entrepreneurial community.