China Resources · Full chronicle and history

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

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 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.