China Resources · Full chronicle and history

In the second half of 2025, Ma Xingrui was removed from his post as Xinjiang Party Secretary.

On July 23, 2026, Wang Xiangming was removed from his position as Chairman of China Resources Group, and Wang Haimin succeeded him.

On July 17, 2026, Wang Qiang, Member of the Standing Committee of the Shenzhen Municipal Party Committee and Head of the United Front Work Department, voluntarily surrendered.

On July 14, 2026, Ma Xingrui was expelled from the Party and public office, with official reports criticizing him for engaging in rampant family corruption.

On June 5, 2026, Chen Xi stepped down as President of the Central Party School, and Cai Qi took over the relevant personnel powers.

On April 3, 2026, officials officially announced that Ma Xingrui had fallen from power.

On February 28, 2026, Han Song voluntarily surrendered.

On January 24, 2026, Han Song quietly resigned from his position as a member of the Xinjiang CPPCC.

In March 2025, CK Hutchison Holdings, owned by Li Ka-shing, attempted to sell assets comprising 43 ports in 23 countries worldwide, valued at a total of $22.8 billion, to the US-based BlackRock consortium.

In July 2024, Han Song was transferred from China Huadian Corporation Xinjiang Power Generation Co., Ltd. to serve as Deputy General Manager of China Resources Group.

Before December 2021, Chen Quanguo served as the Xinjiang Party Secretary; he was succeeded by Ma Xingrui.

On July 28, 2020, Wang Xiangming succeeded Fu Yuning as Chairman of China Resources Group.

On March 4, 2019, Wang Xiangming was appointed as the General Manager of China Resources Group; at the time, he was serving as the General Manager of China State Construction Engineering Corporation.

In 2007, Xi Jinping succeeded Zeng Qinghong as the head of the Central Leading Group on Hong Kong and Macau Affairs, serving in this position for five years until he ascended to the top leadership in 2012.

In April 2014, Song Lin, Chairman of China Resources Group, was brought down due to his involvement in the Shanxi coal asset acquisition case, which implicated the family interests of Ling Jihua.

In 1952, to cope with the external environment, China Resources was administratively transferred to the Ministry of Foreign Trade for supervision, but its nature as party property remained unchanged.

After the CCP established its regime in 1949, China Resources became the party property of the CCP, directly under the leadership of the General Office of the CCP Central Committee, with a Hong Kong Management Committee established, operating under the name of the China Resources Board of Directors.

In 1948, Lianhe Hang was officially renamed China Resources. To welcome the first CPPCC meeting, it chartered a ship to transport democratic figures such as Guo Moruo and Li Jishen from Hong Kong back to the liberated areas.

In 1938, after the outbreak of the War of Resistance Against Japan, Qin Bangli was ordered to relocate to Hong Kong to open a small business called Lianhe Hang. On the surface, it traded in local specialties, but in reality, it was used to manage anti-Japanese donations, procure medical supplies and equipment, and maintain the intelligence channels of the Chinese Communist Party (CCP) in Hong Kong.

In 1931, Chen Yun instructed Qin Bangli (younger brother of Bo Gu) to open a business in Shanghai, using two gold bars to conduct trade, manage money for the CCP, and open up underground communication lines.