On August 3, 20 15, in view of Zhao Kun's violation of the rules of honesty and self-discipline, with the approval of the Party Committee of the State Council State-owned Assets Supervision and Administration Commission, it was decided to give Zhao Kun the punishment of revoking his post within the Party and order him to pay back the relevant disciplinary expenses; With the approval of the State-owned Assets Supervision and Administration Commission of the State Council, it was decided to remove Zhao Kun from his post, revoke his post as deputy general manager of Baosteel Group Co., Ltd., and lower his post level to another post.

After investigation, Zhao Kun used public funds to stay in the villa during the meeting in Shaogang, organized directors and senior executives to drink foreign wine and smoke cigars with public funds, and agreed that some participants would travel with public funds. 20 13 Up to now, I have received cigars with values ranging from 260 yuan to 900 yuan from my subordinates for six times.