According to an announcement released on May 15 through the "Qingfeng Gonghang" WeChat official account, Shi Song, the former Party Branch Secretary and President of Industrial And Commercial Bank Of China Limited's Qingdao Licang First Sub-branch, is suspected of serious disciplinary and legal violations. The announcement states that the case is currently under disciplinary review by the Discipline Inspection Commission of ICBC's Qingdao Branch and supervisory investigation by the Jiancha Commission of Shinan District, Qingdao City.