BEIJING – FAW Group Corp. officially announced on August 2 the appointment of Xu Liuping as chairman and Party secretary.
He switches places with Xu Ping, who becomes chairman and secretary of the Party committee at China South Industries Group Corp., parent company of Chang’an Automobile Group, China’s fourth largest automaker in sales volume behind FAW.
The executive swap between the two centrally administered companies, ordered by the State Council, came a few days after rumors surfaced that it would happen. It comes in a little more than two years after a similar swap involving FAW and Dongfeng, which sent Xu Ping from Dongfeng to FAW and Zhu Yanfeng to Dongfeng.
Xu Liuping was born in 1964 and graduated from Beijing Institute of Technology with a doctor’s degree. He had been chairman and Party secretary of Chang’an for almost 10 years. Xu will bear the responsibility to solve the problems FAW Group had in the capital market in the early period through reform and innovation, and to rejuvenate FAW’s lackluster performing independent passenger vehicle brands.
Xu Ping was born in 1957 and graduated from Hefei University of Technology. He had been chairman and Party secretary of Dongfeng from 2010 to 2015 before heading to FAW via that executive swap.