According to the Central Commission for Discipline Inspection and the State Supervision Commission's Discipline Inspection and Monitoring Team at the State Council's State-owned Assets Administration Commission and the Hubei Provincial Commission for Discipline Inspection: Recently, Liu Yu, former Party Secretary and Chairman of China Resource Recycling Group Co., Ltd. opened a case to examine and investigate serious disciplinary violations. After investigation, Liu Yu lost his ideals and beliefs, betrayed his original mission, ignored the spirit of the Eight Regulations of the Central Committee, and received gifts in violation of regulations; violated organizational principles, failed to report personal matters truthfully, obtained benefits for others and accepted property in job promotions, etc.; he had broken the bottom line of discipline, engaged in power and money transactions, alienated public power into a tool for personal gain, and used the convenience of his position to obtain benefits for others in terms of project contracting, project payment settlement, etc., and illegally accepted huge sums of money. Liu Yu seriously violated the Party's organizational discipline and integrity discipline, constituting a serious offense of office and suspected of taking bribes. 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 State Council's State-owned Assets Administration Commission Party Committee decided to dismiss Liu Yu from his party membership; after research by the Central Commission for Discipline Inspection and the State Administration Commission's Discipline Inspection and Monitoring Team, it was decided to dismiss Liu Yu from government affairs; the Hubei Provincial Supervision Commission referred the suspected crime to the procuratorial authorities for examination and prosecution in accordance with the law, and the assets involved were also transferred.

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