Chairman of Ma China Chengtong Holding Group Co., Ltd.

Chengtong Group was established in 1992, which was formed by the merger of the former materials circulation enterprises directly under ministry of materials and equipment. In the period of planned economy, it is responsible for the acquisition, allocation, storage and distribution of important national production materials, and plays an important role as the main circulation channel and "reservoir" in the national economy. During the period of 1998, Chengtong Group and its member enterprises established a parent-subsidiary system with property rights as the link. During the period of 1999, Chengtong Group was restructured and reorganized, and was placed under the management of the Central Enterprise Working Committee in 2000. In 2006, Chengtong Group carried out all-round enterprise reorganization and changed its name to "China Chengtong Holding Group Co., Ltd.".

Chengtong Group has more than 100 member companies in China, including China Storage Development Co., Ltd. (Shanghai Stock Exchange, China Storage Co., Ltd. 600787), Foshan Huaxin Packaging Co., Ltd. (Shenzhen Stock Exchange, 200986) and China Chengtong Development Co., Ltd. (Hong Kong main board, 002 17). Chengtong Group is focusing on developing advantageous business and further expanding the capital market. Chengtong Group's main businesses are asset management, modern logistics and comprehensive trade.

The picture below shows Ma donating money to the Wenchuan earthquake-stricken area.

Under the leadership of Ma, Chengtong Group, as an important platform to promote the adjustment of layout structure and strategic reorganization of central enterprises, has achieved remarkable results in enterprise restructuring, business integration and asset disposal. It has three professional asset management platforms, which are engaged in industrial integration, disposal of non-performing assets, enterprise restructuring and enterprise custody. Since 2005, the pilot work of Chengtong Group's asset management company has been promoted in an orderly manner, and the restructuring and reorganization of eight enterprises in Putian Group has been carried out smoothly. China Huandao Group, China Record Company and China International Enterprise Cooperation Company have been merged into Chengtong successively, exploring various operation modes, enriching pilot experience and achieving phased results, which have played an active role in the reorganization and integration of central enterprises and won favorable comments from all walks of life.