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CCCG Real Estate chairman resigns

Chinese state-owned enterprise CCCG Real Estate Corp. Ltd said the company's chairman Wu Wende applied to resign from all his posts in the boardroom due to "job changes."

The resignation will not be effective until CCCG's new chairman is on board so that the company's operations will run as usual, the company added in a release, without disclosing whether the company has found a successor.

Wu was appointed CCCG's chairman in September 2015.