Former Chairman of China Communications Construction Real Estate, Li Yongqian, is rumored to be missing! He served for nearly 5 years and proposed the goal of "100 billion performance, top three among central enterprises." Now the company is selling its real estate business for 1 yuan

On June 25th, there were reports in the market that Li Yongqian, the former chairman of China Communications Real Estate, was suspected to be missing. Hongxing Capital Bureau called China Communications Real Estate, and relevant personnel from the securities department stated that Li Yongqian had already resigned, and the company did not have relevant information. On the evening of June 16th this year, *ST CREC issued an announcement, officially disclosing a major asset sale proposal. The company plans to completely divest the relevant assets and liabilities of its real estate development business for a consideration of 1 yuan, with the acquirer being China Communications Real Estate Group