The party secretary of state-owned conglomerate China Poly Group Corp. has been removed from his post, the body that manages public companies said.
Chen Hongsheng was relieved of his position as Communist Party chief at the company, the State-owned Assets Supervision and Administration Commission said on its website yesterday without giving a reason. He was replaced by current chairman Xu Niansha, it said.
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Bloomberg News via CHINA US Focus http://ift.tt/1eV0ZaC
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