China State Construction Engineering Announces Departure of Vice President Chen Yong Amid Disciplinary Investigation

Stock News09-06 16:20

China State Construction Engineering Corporation Limited (601668.SH) has issued an official announcement regarding the departure of its Vice President, Chen Yong.

The company's board of directors, at the 42nd meeting of the fourth session, reviewed and approved the proposal to remove Chen Yong from his role as Vice President.

Chen Yong's departure, effective September 5, 2026, is attributed to his suspected involvement in serious disciplinary and legal violations. He is currently under disciplinary review and supervisory investigation by the Central Commission for Discipline Inspection and the National Supervisory Commission, rendering him unable to perform his duties.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment