BEIJING - The president of China Resources Power Holdings Co is under investigation in East China's Jiangsu province, the company said in a statement Tuesday.
Wang Yujun, president of the Hong-Kong listed company, has had his duties temporarily suspended and was replaced by the company's chairperson Zhou Junqing.
The blue-chip power producer is part of State-owned China Resources Holdings Co, a holding company for a group of energy, property, and consumer businesses in the Chinese mainland and Hong Kong.
China Resources Holdings Co has been involved in the country's anti-corruption drive after former chairman Song Lin was put under investigation in April following allegations of serious violations of discipline and law.
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Former company head arrested for bribe-taking, graft |
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