China Foreign Trade Trust has a new appointment, Wei Mengmeng, the former chairman, was transferred to China National Chemical Corporation.

On April 3rd, China Foreign Trade Trust announced that Li Qiang will no longer serve as the chairman of the company due to job changes, and Wei Mengmeng will temporarily assume the responsibilities of chairman for a period not exceeding 6 months. According to informed sources, Wei Mengmeng is set to take over as the chairman of China Foreign Trade Trust, pending approval of her qualifications by regulatory authorities before officially assuming the role of chairman. Meanwhile, Wei Mengmeng has been promoted to the position of general manager and deputy secretary of the Party Committee of China Foreign Trade Trust's shareholder, Sinochem Capital Limited. Additionally, it has been reported that the former chairman of Foreign Trade Trust, Li Qiang, has been reassigned to China National Chemical Corporation, and a new general manager for Foreign Trade Trust has already been selected.