Fu Yuning 20 14 took charge of China Resources. At that time, Song Lin, former chairman of China Resources Group, was involved in a corruption case, and Fu Yuning was ordered to change from chairman of China Merchants Group to chairman of China Resources Group. Fu Yuning was chosen as the "fire fighting captain" of China Resources because some analysts believe that China Resources and China Merchants have similar business structures, and both groups have important assets in Hong Kong. For example, China Resources has five listed companies in Hong Kong, and China Merchants' operation headquarters is in Hong Kong.

First of all, for Fu Yuning, this is a sudden appointment and a heavy burden. From the perspective of enterprise scale, by the end of 20 13, the asset scale, operating income and profit of China Resources Group were 2 times, 5.6 times and 1.7 times that of China Merchants Group respectively. The former has as many as seven main businesses, and its field is much more complicated than the latter with only three main businesses. More importantly, at present, China Resources Group is at the forefront and people's hearts are floating. Many employees regard Song Lin, the former chairman of China Resources Group, as the "godfather". How to put an end to the breeding of corruption and get back on track is a top priority for Fu Yuning. On his first day in office, Fu Yuning first reorganized the corporate culture, opened a new column of "Dr. Fu's Observation" on the home page of China Resources official website, and published his own speech and thoughts on the development of the enterprise. By July 28th, 2020, 70 articles have been published in this column, and words about corporate culture and values such as "shaping morality", "reflecting", "casting soul", "asking questions", "defending compliance", "reshaping culture" and "fighting corruption" appear frequently. At the same time, Fu Yuning began to reorganize the business of China Resources. Unlike Song Lin's crazy growth, he only did subtraction. First of all, the retail drinks and other businesses of Hong Kong-listed platform China Resources Venture were split, and only the beer business was retained, and it was renamed as "China Resources Beer". Since then, the remaining 49% equity of China Resources Snow Beer has been repurchased from Anheuser-Busch InBev, and Snow Beer has become the largest beer group in China.

Second, China Resources Group Co., Ltd. held a meeting of middle-level and above managers. The responsible comrades of the Central Organization Department announced the central government's decision to adjust the chairman of China Resources Co., Ltd.: Wang Xiangming was appointed as the chairman of China Resources Co., Ltd. and removed from the post of general manager of China Resources Co., Ltd.; The post of chairman of Fu Yuning China Resources Co., Ltd. was removed, and the disclosure of information was handled in accordance with relevant laws and the Articles of Association. According to public information, Wang Xiangming was born in 1963, a professor-level senior engineer with a bachelor's degree, and served as the deputy director of China Construction Third Bureau. Vice Chairman and General Manager of China Construction Third Engineering Co., Ltd.; Vice Chairman, General Manager and Deputy Secretary of the Party Committee of China Construction Third Bureau; Vice President of China State Construction Engineering Corporation; The former party member of China State Construction Engineering Corporation (2065438+May 2006) has served as the general manager, deputy secretary of the party group and director of the former China State Construction Engineering Corporation. From August 20 16 to present, he has served as the director and president of China State Construction Engineering Corporation, a national model worker and an expert enjoying special government allowance from the State Council. On March 4, 20 19, he became the director and general manager of China Resources Group Co., Ltd. According to the regulations issued by the Central Organization Department and the State-owned Assets Supervision and Administration Commission, the retirement age of the leading group members of central enterprises is 60 in principle, but it can be relaxed to 63 for various reasons. Judging from Fu Yuning's age, he has reached retirement age. Fu Yuning was born on 1957, and joined China resources group on October 20 14. He is a member of the 12th Chinese People's Political Consultative Conference Committee, a member of the 13th Chinese People's Political Consultative Conference Standing Committee, a director and vice-chairman of the China Business Council of the Asia-Pacific Economic Cooperation, an honorary president of the Hong Kong Chinese Enterprises Association, and a member of the Chief Executive's Advisory Panel on Innovation and Strategic Development. He used to be chairman of China Merchants Group, chairman of China Merchants Bank, chairman of China Merchants International, independent non-executive director of Guardian Land Co., Ltd., independent non-executive director of Hongfeng Co., Ltd., and bachelor of Dalian University.