China Weapon Industry Group has completed the commercial change of leadership.

Tianyancha's business information shows that recently, China Ordnance Industry Group Co., Ltd. underwent a business change, with Cheng Fubo stepping down as the legal representative and chairman, and Zhou Zhiping taking over. At the same time, Shen Tong was added as a director. China Ordnance Industry Group Co., Ltd. was established in June 1999 with a registered capital of 38.3 billion RMB. Its business scope includes the development, design, manufacturing, and sale of tanks, armored vehicles, artillery, rockets, missiles, etc. it also involves state-owned asset investment and management, investment management of civilian blasting equipment enterprises, goods warehousing, engineering survey design, construction, contracting, and supervision. Shareholder information shows that the company is wholly owned by the State-owned Assets Supervision and Administration Commission of the State Council. According to media reports, previously, China Ordnance Industry Group Co., Ltd. announced that, in accordance with the decision of the Party Central Committee, Zhou Zhiping was appointed as the Chairman of China Ordnance Industry Group Co., Ltd., while Cheng Fubo no longer served as the company's chairman.