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Anhui Honglu Steel Construction Elects Chair

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Anhui Honglu Steel Construction (SHE:002541) elected Wan Shengping as chair, according to a Wednesday filing with the Shenzhen bourse.

The election followed a meeting of the company's directors to formalize the leadership transition. Wan Shengping assumed the role immediately following the board's approval.

The appointment came as the steel structure specialist continued to navigate shifting demand in the industrial construction sector.

Shares of the construction company were down 5% in recent trade.

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