On the move
Jin leaves COMAC for defense post
Jin Zhuanglong, 53, president of Commercial Aircraft Corp of China or COMAC, the producer of the C919, China’s first homegrown large passenger aircraft, has left the company. He was appointed member of the Central Commission of Civilian-Military Integration. He joined COMAC in 2008. Prior to that, he was the secretarygeneral of the Commission for Science, Technology and Industry for National Defense. Jin served as the commander-in-chief of the C919 project. He had said the C919 could lead to industrial scale manufacture of civilian aircraft in China, which would boost help further develop the domestic civil aviation industry.
Zheng replaces Zhu as LeTV director
Zhu Ning, independent board of director of LeTV.com, recently quit the company for personal reasons. The board of directors nominated Zheng Lu as his replacement. Zheng is from Sunac China Holdings Ltd, a Hong Kong-listed property developer. Before the nomination, another staffer from Sunac China, Liu Shuqing, joined the board of directors of LeTV.com. If Zheng’s nomintion is ratified by shareholders, Sunac China will have two of its staff on the board of LeTV.com, guaranteeing a strong voice over important events of the company.
Li is new chairman of Cathay Lujiazui Life
Cathay Lujiazui Life Insurance announced recently that Li Zuoqiang will become its fifth chairman. Li comes