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China City Infrastructure chairman adds CEO title

China City Infrastructure Group Ltd. tapped Chairman Li Chao Bo to also serve as its CEO after Wang Wenxia stepped down as the company's CEO, vice chairman, executive director and an authorized representative, citing personal commitments.

Li is also an executive director and an authorized representative of the Hong Kong-based diversified property company. In addition, he serves as a director and is the sole beneficial owner of Linkway Investment Holdings Ltd.

China City Infrastructure also appointed group financial controller and company secretary Chan Hoi Yin Anthony as an authorized representative to fill the vacancy from Wang's resignation.

The changes are effective May 31.