Recently, the SASAC of the State Council announced the appointment and removal of 15 leaders of 10 central enterprises, including Wu Bingqi, the party secretary and chairman of Overseas Chinese Town Group Co., Ltd.

Wu Bingqi, male, born in 1971, a member of the Communist Party of China, holds a bachelor's degree in industrial and civil construction engineering from Tongji University, a master's degree in business administration from the University of South Australia, and a senior engineer. He has been an executive director of China Resources Land Co., Ltd. since February
2019, and has successively served as a member of the Party Committee of China Resources Land, secretary of the Party Committee of North China Region and chairman of the board of directors. In July
2022, he was promoted to the president of China Resources Land. In September 2023, he was transferred to the Party member and deputy general manager of China State Construction Engineering Corporation Limited. In October of the same year, he also served as the vice president and general counsel of China State Construction Engineering Corporation Limited. In September
2025, he was appointed Deputy Secretary of the Party Committee, Director and General Manager of OCT Group Co., Ltd., and in November of the same year, he was appointed Secretary of the Party Committee and Chairman of OCT Group. During
his tenure, he led China Resources Land to achieve 37.8% growth in sales in West China.

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