Three senior executives of Suzhou Gemsea Coach Manufacturing Co., an electric bus manufacturer, face trials on charges that they committed fraud to gain electric vehicle subsidies, according to a Chinese media report.
One of the executives is Gemsea Chairman Yang Shuiping, according to Caixin, a Beijing business magazine. Caixin cited documents that it had obtained from police.
Yang, along with the two other company executives, was arrested on fraud charges in August, reported Caixin, without identifying the two other executives.  This month, the three executives will go on trial in the east China city of Suzhou, where the bus manufacturer is headquartered, the magazine noted.
In 2015, China's Ministry of Finance launched an investigation of EV manufacturers following media reports about rampant cheating on EV subsidies. 
In July, Gemsea was one of five electric bus makers accused cheating on EV subsidies.  
Gemsea allegedly obtained 250 million yuan ($36 million) in subsidies by fabricating sales documents. The other four bus makers allegedly obtained 750 million yuan in subsidies through illicit means, according to the ministry. 
The ministry ordered the four companies to return the subsidies. It also revoked Gemsea's production license and fined the other four companies the equivalent of 50 percent of the subsidies they wrongly received.
In October, the ministry accused two additional companies -- Lifan Industry Co., and Chongqing Hengtong Bus Co. -- of cheating to get bigger subsidies.  
Lifan is a private Chinese producer of motorcycles and cars, while Hengtong is a bus maker.  Both companies are headquartered in the southwest China municipality of Chongqing.
The ministry blocked payment of 114 million yuan in subsidies that Lifan had expected to receive for EVs sold over the last two years.  
Hengtong was fined 62 million yuan and ordered to return 208 million yuan in subsidies that it received in 2013 and 2014. Like Lifan, it won't qualify for subsidies for vehicles sold in 2015 and 2016.