![Gu Chujun [File photo: VCG]](http://img3.zhytuku.meldingcloud.com/images/zhycms_chinaplus/20190410/aac2b8bc-cbd5-4901-b744-f9010873fa9c.jpg?x-oss-process=image/resize,w_650)
The original sentence of a former electrical appliances tycoon has been halved to five years and two of the three charges have been dropped, annouced China’s Supreme People’s Court (SPC).
Gu Chujun, former chairman of refrigerator maker Guangdong Kelon Electrical Holdings, was arrested in 2005. A final court ruling by Guangdong Higher People’s Court in 2009 sentenced Gu to 10 years in prison for falsifying and withholding information and embezzlement. He was also fined 6.8 million yuan (1.03 million U.S. dollars).
In September 2012, after serving his term in prison, Gu filed a petition to the SPC. The SPC, after a review, announced a decision to retry the case in December 2017.
An open retrial of the criminal case involving Gu was conducted by the SPC first circuit court in June 2018.
