Shanghai-listed China State Shipbuilding Corporation (CSSC) announced on 18 May that its chairman Hu Wenming resigned.
According to the company’s filling to the Shanghai Stock Exchange, his new position has not been released.
Hu also resigned from his role as the director and member of the strategy committee of the company.
Hu has been the chairman of CSSC group since July 2012, and the chairman of China Shipbuilding Industry Corporation (CSIC) since March 2015.
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His career started at AVIC Suzhou Changfeng Machinery Plant in 1982, where he worked as the assistant general manager, deputy general manager, and general manager of Aviation Industry Corporation of China (AVIC).
He joined CSSC group as the deputy general manager in July 2010 after two years in China North Industries Group Corporation (2008-10).
Born in 1957, Hu graduated with a bachelor’s degree from Nanjing University of Aeronautics and Astronautics, and received a doctor’s degree of management science and engineering from the same university in 2006.
In February 2015, China’s anti-corruption team Central Commission for Discipline Inspection found that CSSC has been involved in corruption activities.
The corruption activities have been uncovered in the procurement department of CSSC, involving some of the company’s senior officials. Most of the illegal activities were related to bribery and illegal means of obtaining favours.