Gu Chujun
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Gu Chujun () is a Chinese convicted criminal and former business executive and entrepreneur. He is a native of
Yangzhou Yangzhou, postal romanization Yangchow, is a prefecture-level city in central Jiangsu Province (Suzhong), East China. Sitting on the north bank of the Yangtze, it borders the provincial capital Nanjing to the southwest, Huai'an to the north, Yan ...
,
Jiangsu Jiangsu (; ; pinyin: Jiāngsū, Postal romanization, alternatively romanized as Kiangsu or Chiangsu) is an Eastern China, eastern coastal Provinces of the People's Republic of China, province of the China, People's Republic of China. It is o ...
Province. He studied at Tianjin University and became the Chief Executive Officer of Greencool Holdings in
Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...
and the Kelon Group. He acquired
Hisense Kelon Hisense Kelon or simply Kelon, formerly Guangdong Kelon Electrical Holdings Company Limited, is one of the largest Chinese white goods manufacturers, producing refrigerators, air conditioners, freezers and small electric appliances. The company i ...
, Meiling Electrical Appliance, Jinnuoer, Qihuawa, Xiling, Yanxing Bus and Xiang Bearing. In 2001, ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
'' magazine ranked him as
China's China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
20th richest man. As an outcome of the
Lang–Gu dispute The Lang–Gu dispute () was a dispute in China about the privatization process adopted during Deng Xiaoping's reforms. New Left academic Larry Lang ( 郎咸平), a critic of the reforms, accused a private entrepreneur, Gu Chujun Gu Chujun () is a ...
, in January 2008, Gu was sentenced to 10 years in prison and a fine of 6.8 million yuan after a conviction for falsifying corporate reports. An appeal against the conviction was rejected in April 2009. Hisense Kelon also won damages of 30.15 million yuan in a civil case against Gu.


References

{{DEFAULTSORT:Gu, Chujun Living people People from Yangzhou Chinese fraudsters People convicted of fraud Year of birth missing (living people) Hisense people Tianjin University alumni