Newsflash
- Mr. Jayadeva Ranade at Globesec Conference, Prague
- Mr. Jayadeva Ranade at Globesec Conference, Prague
- Mr. Jayadeva Ranade at Globesec Conference, Prague
News Details
CHINA-ECONOMY: FOUNDER CHAIRMAN OF LEADING CHINESE CONSTRUCTION COMPANY SANY HEAVY INDUSTRY STEPS DOWN
Caixin (January 21) disclosed that Liang Wengen, the founder of China’s leading construction-machinery
maker Sany Heavy Industry Co. Ltd., stepped down from his role as Chairman in a core leadership shakeup
that came after the company suffered a poor third quarter. Xiang Wenbo, the former Vice Chairman and
President of Sany, has been appointed its new Chairman. Liang Wengen will continue to serve as a member
of the Board.