Monetizing Power · Full chronicle and history

The Central Fourth Inspection Team entered the China Aerospace Science and Technology Corporation for an inspection.

Ma Xingrui was officially announced to be "expelled from the Party and public office" (expelled from Party membership and dismissed from public office). The notification disclosed issues involving his relatives, close staff, cadre appointments, and engineering contracts, and pointed out that he did not truthfully explain issues during organizational inquiries.

CITIC Real Estate has listed its 40% stake in Shenzhen Spark Xingteng Real Estate Co., Ltd. for transfer at a reserve price of one cent.

Wu Yansheng, the deputy of Ma Xingrui during his tenure at the Aerospace Science and Technology Group, had his National CPPCC membership revoked.

Huacheng Investment, controlled by Wang Zhanjiang, has entered bankruptcy proceedings.

China Evergrande announced that Xu Jiayin is subject to compulsory measures by law due to suspected violations of laws and crimes.

After concluding his trip to South Africa, Xi Jinping made a temporary stop in Urumqi to hear work reports from the Xinjiang Party Committee and the Xinjiang Production and Construction Corps, with Ma Xingrui present.

Beijing ZhanYing Information Technology Co., Ltd., chaired by Ma Xingrui's younger brother Ma Xingquan, has completed its deregistration procedures.

The Central Commission for Discipline Inspection and the National Supervisory Commission announced that Guo Yonghang is under review investigation.

Huacheng Group will transfer all equity of Shenzhen Xinghai Investment to Shenzhen Chenyao Investment.

Ma Xingrui transferred to serve as Party Secretary of the Xinjiang Uyghur Autonomous Region.

Guo Yonghang, former member of the Standing Committee and Secretary-General of the Municipal Party Committee during Ma Xingrui's tenure in Shenzhen, has left Shenzhen to serve as Secretary of the Zhuhai Municipal Party Committee.

Three days after acquiring full equity in the Yuemeng project, Huacheng Group resold it to Evergrande, with the transaction involving an M&A fund established by CITIC Bank.

CITIC Real Estate Chairman Hu Donghai succeeds Wang Jianyu as Chairman of Shenzhen Xinghuo Xinteng Real Estate Co., Ltd.

Shenzhen Xinqiao Industrial, under Huacheng Group, acquired full equity in the Shenzhen Yuemeng Industrial Zone Project.

Wang Zhanjiang founded Shenzhen Huasheng Investment Co., Ltd., and within less than four weeks the company cooperated with CITIC Real Estate and others to establish Shenzhen Xinghuo Xinteng Real Estate Co., Ltd., obtaining a credit endorsement for the Shenzhen old city renovation project.

Ma Xingrui met with Xu Jiayin, Chairman of the Board of Directors of Evergrande Group, hoping that Evergrande would increase its investment in Shenzhen. Shenzhen expressed its support.

Ma Xingrui met with CITIC Group Chairman Chang Zhenming, CITIC Bank Chairman Li Qingping, and others to discuss issues such as Shenzhen's subway financing, fund custody, housing construction, and Qianhai development.

Ma Xingrui was transferred from Deputy Secretary of the Guangdong Provincial Party Committee and Secretary of its Political and Legal Affairs Commission to become Shenzhen Municipal Party Secretary.