Nan Fang Du Shi Bao·2025-05-18 11:38Group 1: Corporate Developments - Midea Group's chairman Fang Hongbo commented on succession issues, referencing the ongoing rivalry with Gree Electric's chairwoman Dong Mingzhu, highlighting the competitive dynamics between the two companies over the past 13 years [4] - Red Star Macalline's founder Che Jianxing is under investigation by the Yunnan Provincial Supervisory Committee, following previous debt crises and strategic adjustments, while the company's board operations remain normal [6] - China Telecom appointed Liu Guiqing as president and Huang Zhiyong as executive vice president, indicating a shift in leadership [8] Group 2: Personnel Changes - Wang Yuwen has taken over as chairman of Shenye Group, succeeding Lu Hua, who retired after 12 years, marking a significant leadership transition [9] - Xu Minfeng, a veteran of Midea, has left his position as president of the home appliance division, with reports indicating he had already departed in September of the previous year [10] - Zhang Kun has resigned as vice president of E Fund to focus on investment management, reflecting a trend in the industry towards prioritizing investment research [11] - Wu Chaoze has been appointed as a committee member of CITIC Securities, continuing her role in research and international business [12] Group 3: Legal and Regulatory Issues - A retail investor was fined nearly 300 million yuan for manipulating the securities market, highlighting regulatory scrutiny in the financial sector [7] - Former vice president of China Merchants Bank, Ding Wei, has been prosecuted for accepting bribes, indicating ongoing anti-corruption efforts within the banking industry [13]