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China Resources Land: Regional General Manager Chen Gang has been dismissed for allegedly assaulting subordinates

2024-07-24

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According to Economic Observer, from July 19 to 23, 2024, several local sources from Sichuan told the Economic Observer reporter that Chen Gang, then general manager of the Central and Western Region of China Resources Land Limited, had recently been investigated by the police for suspected violent assault on female subordinates.

On July 24, in response to media reports that Chen Gang, general manager of China Resources Land, was suspected of beating subordinates, China Resources Land responded to a reporter from Nanduwan Finance, saying, "The company attaches great importance to this matter and has immediately contacted the police to understand the situation. Chen Gang has been dismissed for allegedly beating subordinates. The company will never tolerate any violation of discipline or law by any employee and will deal with it seriously in accordance with the rules and regulations."

Public information shows that Chen Gang has worked in China Resources Land for many years and has served as general manager of Changchun City in the Northeast Region, general manager of the Northeast Region, and general manager of the East China Region.

China Resources Land is a real estate development and operation company under China Resources (Group) Co., Ltd., one of the central enterprises under the State-owned Assets Supervision and Administration Commission of the State Council. According to the company's official website, China Resources Land was reorganized and established in 1994 and listed on the Hong Kong Stock Exchange in 1996. In 2023, China Resources Land achieved operating income of RMB 251.1 billion, core net profit of RMB 27.8 billion, and contract value of RMB 307 billion, ranking fourth in the national real estate industry.

Written by: Sun Yang, a reporter from Nandu Wancaishe