Recent developments indicate another key executive change within the financial leadership of Moutai Group. On the evening of April 21, an official appointment notification issued by the Guizhou Provincial Government revealed that Liu Gang has been recommended as a candidate for director, vice chairman, and general manager of Guizhou Qiansheng State-owned Assets Operation Co., Ltd. It was also suggested that he no longer hold the position of chief accountant at China Kweichow Moutai Distillery (Group) Co., Ltd.
Liu Gang, born in 1970 in Hua County, Henan Province, is a graduate of Guizhou University of Finance and Economics. Before joining Moutai, he held various roles including deputy head of the Qiannan Branch of China Construction Bank, deputy general manager of the International Business Department at CCB's Guizhou Provincial Branch, and served as party committee secretary and head of the Anshun Branch. He also worked as general manager of the Finance Department and assistant president at Guizhou Bank.
In July 2019, following relevant documents from the Guizhou State-owned Assets Supervision and Administration Commission and controlling shareholder Moutai Group, Liu Gang officially joined the Moutai system after a meeting review, being appointed as vice president and financial director of Kweichow Moutai Co.,Ltd. In October of the same year, due to work requirements, Fan Ningping stepped down as board secretary of the listed company, and the board designated Liu Gang to act as board secretary. In January 2020, Liu Gang was formally appointed to the board secretary role. In October 2021, he resigned from his positions as vice president, financial director, and board secretary of Kweichow Moutai due to work adjustments. Subsequently, Liu Gang was promoted to chief accountant of Moutai Group.
Following Liu Gang's departure from the listed company roles, Jiang Yan succeeded him as vice president, financial director, and board secretary of Kweichow Moutai until being placed under investigation. On the evening of March 13 this year, the Guizhou Provincial Commission for Discipline Inspection website announced that three county and department-level cadres in Guizhou were undergoing disciplinary review and supervisory investigation, including Kweichow Moutai executive Jiang Yan.
According to information from the discipline inspection and supervision team stationed at Kweichow Moutai Distillery (Group) Co., Ltd. and the Zunyi Commission for Discipline Inspection, Jiang Yan, as party committee member, vice president, financial director, and board secretary of Kweichow Moutai, is suspected of serious violations of discipline and law and is currently undergoing disciplinary review and supervisory investigation.
Returning to Liu Gang, since December 2023, he has additionally served as chairman of Huagui Life Insurance Co., Ltd., with 2024 marking his first full year leading the insurer. According to the disclosed 2024 annual information report, Huagui Life achieved operating revenue of 3.917 billion yuan, a slight increase of 170 million yuan from the previous year, but reported a net loss of 258 million yuan.
Liu Gang is now preparing for the next phase of his career. Qiansheng State-owned Assets Operation Co., Ltd. was officially established in June 2007 as a large provincial-level enterprise under the oversight of the Guizhou SASAC, which designated its main business in 2019 as "state-owned capital operation and management."
After years of development, the company has formed four major business segments: capital operations, industrial operations,要素交易, and asset management. It holds various financial licenses including fund management,担保, and commercial factoring, and possesses special operating permits for gas stations, dedicated railway lines, and mining of phosphate rock and bauxite. As of the end of December 2023, the company reported total assets of 223.514 billion yuan.
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