On February 1, China Rongtong Group announced that the group held a meeting of managers above the middle level in the morning, and the relevant leaders of the Organization Department of the CPC Central Committee announced the decision on the adjustment of the group's chairman and secretary of the party group: Ma Zhengwu was appointed chairman and secretary of the party group of China Rongtong Asset Management Group Co., Ltd., and removed from his post as general manager; Wen Gang, the former chairman and secretary of the Party committee group, was appointed. Ma Zhengwu was born in 1963 and is now 60 years old. He graduated from the Beijing Institute of Chemical Technology in 1985, and graduated from the International Business School of Hunan University in 1999 with a master's degree in business administration. In 2019, he served as the General Manager and Deputy Secretary of the Party Leadership Group of China Rongtong Group Co., Ltd. Previously, he served as the Chairman and Secretary of the Party Committee of China Chengtong Holding Group Co., Ltd. for 17 years. Resume of Ma Zhengwu: worked in Beijing Leather Factory from 1985 to 1991, and served as deputy secretary of the Party Committee; 1991-1992 served as deputy director of China Packaging Corporation; From 1992 to 1996, served as the director of the General Office of the Material Department; From 1996 to 2001, he served as the deputy general manager and general manager of China Material Development and Investment Corporation; From 2001 to September 2002, he worked as the executive vice president of China Chengtong Holding Company; From September 2002 to February 2019, he served as Chairman and Secretary of the Party Committee of China Chengtong Holding Group Co., Ltd; Former Vice President of China Federation of Logistics and Procurement; General Manager and Deputy Secretary of the Party Leadership Group of China Rongtong Group; In February 2023, Chairman and Secretary of the Party Leadership Group of China Rongtong Asset Management Group Co., Ltd. It is reported that in the announcement released by China Rongtong Group, in addition to announcing the appointment and removal of Ma Zhengwu, Wen Gang was also removed from the post of Chairman and Secretary of the Party Leadership Group of China Rongtong Asset Management Group Co., Ltd. On the same day, China Shipping Group Co., Ltd. announced that Ren Wengang was the Chairman and Secretary of the Party Leadership Group of the Group upon the decision of the Organization Department of the CPC Central Committee. The appointment and removal of relevant posts shall be handled in accordance with the provisions of relevant laws and articles of association. According to the public information on the five key deployments, China Rongtong Asset Management Group Co., Ltd. (hereinafter referred to as "China Rongtong Group") is a wholly state-owned commercial company under the central management, and the State-owned Assets Supervision and Administration Commission of the State Council performs the responsibilities of investors. According to the modern enterprise system with Chinese characteristics, China Rongtong Group has established a sound corporate governance structure with effective checks and balances and a flexible and efficient market-oriented operation mechanism. The business scope mainly includes real estate, agriculture, hotel and tourism, commercial services, resource development, scientific and technological services, medical and health, security services, cultural education, finance, insurance and other fields. It is reported that during January 11-12 of this year, Ma Zhengwu attended the 2023 annual work meeting held by China Rongtong Group, made a summary speech and made arrangements for key work. Ma Zhengwu pointed out that first, we should speed up the cultivation and expansion of new businesses and new forms of business, accelerate the optimization and adjustment of asset distribution structure, strengthen management, deepen quality and efficiency improvement, firmly grasp the primary task of high-quality development, and fully promote the completion of various business indicators throughout the year. The second is to accelerate the integration into the two major forces