According to the Central Commission for Discipline Inspection and Monitoring Team of the State Supervision Commission at the Bank of China and the Tianjin Municipal Commission for Discipline Inspection: Recently, the Central Commission for Discipline Inspection Commission's Discipline Inspection and Monitoring Team at the Bank of China and the Tianjin Municipal Supervision Commission opened a case to examine and investigate serious disciplinary violations by Cheng Jun, former Party Secretary and Governor of the Zhejiang Branch of the Bank of China. After investigation, Cheng Jun, as a Party member and leading cadre, lost his ideals and beliefs, disregarded Party discipline and national laws, transferred hidden evidence, and fought against organizational censorship; lost the bottom line of integrity, accepted gifts and gifts that might affect the impartial execution of official duties, and borrowed large sums of money from management clients; his work was seriously irresponsible, and he mismanaged the approval business of his subordinates, causing particularly significant losses to national interests; he used the convenience of his position to obtain benefits for others in terms of business financing, etc., and illegally accepted huge sums of money. Cheng Jun seriously violated the Party's political discipline, integrity discipline, and life discipline. It constituted a serious offense of official duties and was suspected of being involved in the crime of negligence or bribery by state-owned company personnel. Furthermore, he did not back down or quit after the 18th National Congress of the Party. It was serious in nature and had a bad impact, and should be dealt with seriously. According to the “Regulations of the Communist Party of China on Disciplinary Punishment”, “Supervision Law of the People's Republic of China”, “Law of the People's Republic of China on Administrative Disposition of Public Officials” and other relevant regulations, the Bank of China Party Committee decided to dismiss Cheng Jun from his party membership; after research by the Central Commission for Discipline Inspection and the State Supervision Commission's Discipline Inspection and Monitoring Team at the Bank of China, it was decided to dismiss him from public office; the Tianjin Municipal Supervision Commission referred the suspected crime to the procuratorial authorities for examination and prosecution in accordance with the law.

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