Group 1 - The Central Commission for Discipline Inspection and the National Supervisory Commission announced that Zhang Quan, former Deputy Secretary of the Party Committee of China Railway Signal and Communication Group Co., Ltd., is under investigation for serious violations of discipline and law [1] - Zhang Quan has a strong educational background with a bachelor's degree in Communication Engineering and a master's degree in Electronic and Information Engineering from Beijing University of Posts and Telecommunications [2] - Zhang Quan's career includes various leadership roles in telecommunications companies, culminating in his position as Executive Director of China Railway Signal and Communication Co., Ltd. from July 2022 to June 2025 [4][5] Group 2 - Zhang Quan's resignation on June 27 was attributed to "personal reasons," which raised market concerns due to his relatively young age and the lack of acknowledgment from China Railway Signal and Communication [9] - The ongoing anti-corruption campaign in state-owned enterprises has intensified, with the Central Commission for Discipline Inspection focusing on sectors such as finance, state-owned enterprises, and energy [9]

Core Viewpoint - The article reports on the investigation of Zhang Quan, the former Deputy Secretary of the Party Committee of China Railway Signal and Communication Group Co., Ltd., for serious violations of discipline and law, highlighting ongoing anti-corruption efforts in state-owned enterprises in China [1][12]. Group 1: Background Information - Zhang Quan was born in 1970 and holds a bachelor's degree in Communication Engineering and a master's degree in Electronic and Information Engineering from Beijing University of Posts and Telecommunications [3]. - His career includes various leadership roles in telecommunications and signal companies, culminating in his position as Executive Director of China Railway Signal and Communication Co., Ltd. [5][6]. Group 2: Recent Developments - Zhang Quan resigned on June 27, 2022, citing personal reasons, which raised market concerns due to the lack of acknowledgment from China Railway Signal and Communication [6][11]. - The article notes a broader context of anti-corruption efforts in state-owned enterprises, with multiple officials being investigated this year, indicating a serious and complex situation in the sector [12].