What happened to Wang Jianzhi, Chairman of Binzhou Jinma Machinery?

Wang Jianzhi, chairman of Binzhou Jinma Machinery, committed the crime of favoritism and malpractice in the smuggling and bribery case of Shandong Rushan Commercial Bureau, and was sentenced to three years' imprisonment, death penalty for accepting bribes, suspended for two years, deprived of political rights for life, and decided to execute the death penalty, suspended for two years, deprived of political rights for life.