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On February 24, 2000, Chen Haiyan and Li Xiaoping made a first-instance judgment in a case involving the annexation of state-owned assets.
On February 24, 2000 (January 20, 2000), Chen Haiyan and Li Xiang annexed a case of state-owned assets.On February 24, 2000, the middle-level people's court in Shandong City, Hunan Province, sentenced Chen Haiyan to life imprisonment for the crime of corruption and abuse of public funds, deprived of political rights for the rest of his life, and confiscated the property of 240,000 yuan; Li Xiang, the minister of copper industry and general manager of Shandong Group, was sentenced to life imprisonment, deprived of political rights for the rest of his life; other persons involved were sentenced to life imprisonment.


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