Chengdu:A Chinese court has sentenced Wang Huimin, a former official of the China Securities Regulatory Commission (CSRC), to death with a two-year reprieve for the crime of bribery.

According to Anadolu Agency – English, the Intermediate People's Court of Chengdu, located in southwest China's Sichuan Province, determined that Wang abused his roles both at the CSRC and in the administration of the Xinjiang Uygur Autonomous Region from 1998 to 2025. During this period, he accepted cash and property valued at 436 million yuan ($65.4 million), as reported by the state-run Xinhua news agency.

In addition to the suspended death sentence, Wang has been deprived of his political rights for life, and the court has ordered the confiscation of his personal assets. The court noted that Wang confessed to his crimes, disclosed offenses previously unknown to investigators, and expressed remorse. Furthermore, he returned a portion of the assets obtained through bribery, and some of the offenses remained at the attempted stage rather than being completed. These factors contributed to the court's decision to grant the two-year reprieve.

Under Chinese law, Wang's sentence will be commuted to life imprisonment if he refrains from committing further crimes during the reprieve period. Wang was formerly the head of a discipline inspection and supervision team dispatched by the Central Commission for Discipline Inspection of the Communist Party of China and the National Commission of Supervision, the country's top anti-corruption agency, to the CSRC.