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February, 2019
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In February 2019, China Chengtong held middle-level and above management meeting announcing relevant decisions by representatives from the State-owned Assets Supervision and Administration Commission of the State Council. Due to the fact that Ma Zhengwu is to be transferred to an important post, he was relieved of posts of Secretary of CPC Committee, Chairman and Director of China Chengtong Holdings Group Ltd. Zhu Bixin, China Chengtong’s Deputy Secretary of CPC Committee, Director and President, temporarily presides over the company’s overall work. In the meantime, Zhu Bixin will be in charge of China Railway Materials Group Corporation’s overall work in view of the trusteeship situation.
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