GAC Executive Resigns Amid Graft Probe
00:00/00:00
Listen to this article
1x
Subscribe now
Listen to the full version
Listen to the full version
Huang is the latest GAC deputy general manager to leave abruptly in the past eight months.
Guangzhou Automobile Group Co. Ltd. (GAC) (601238.SH) announced the sudden resignation of Deputy General Manager Huang Yongqiang, marking the third abrupt departure of a senior executive at the automaker in eight months.
In a stock exchange filing Friday, GAC said that Huang submitted his resignation the day before due to “organizational work arrangements” and would no longer hold any positions at the company. However, Caixin has learned that his departure is connected to an anti-corruption campaign within the group.
You've accessed an article available only to subscribers
VIEW OPTIONS
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Save an extra $50. Introductory offer for new readers. Subscribe now.
- RELATED
Share this article
Open WeChat and scan the QR code
Digest Hub 
- MOST POPULAR
Sign in with Google
Sign in with Facebook
Sign in with 财新