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FAW chairman resigns

2013-04-12 09:28 Global Times     Web Editor: qindexing comment

The chairman of FAW Group Co Xu Jianyi has resigned all his positions in the group, according to an announcement released by FAW Thursday, following the ongoing investigation of over 100 senior executives for alleged corruption.

The current vice chairman Wu Shaoming was designated temporary chairman of the group until an election can be held.

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