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Li Yi said in Weibo: "According to the latest information I have, China Mobile chairman Wang Jianzhou will retired Guang Rong, and Guo Guohua will be transferred to the chairman of China Mobile. Shang Qing, president of China Telecom, will be transferred to the vice minister of the Ministry of Industry and Information Technology, chairman of China Telecom. Wang Xiaochu was transferred to the governor of Yunnan Province and Chang Xiaobing, chairman of China Unicom, was transferred to the chairman of China Telecom, and Lu Yimin, president of China Unicom, was promoted to chairman of China Unicom. Not surprisingly, this series of appointments will be released in June.â€
If this rumor is true, the management of the three major operators in China will undergo a thorough exchange of blood.
Recently, news of the retiring of Wang Jianzhou, chairman of China Mobile, has spread one after another. On May 26, Wang Jianzhou, chairman of China Mobile, met with the president of KDDI Co., Ltd. of Japan, Onodera, and broke rumours of retirement.
From June 2010, Wang Jianzhou was promoted to chairman of China Mobile and Li Yue, former deputy general manager of the company, was appointed general manager. Industry rumors that Wang Jianzhou is preparing for retirement, as he reduced the shock of retirement on the company's stock market. On May 19, China Mobile stated that Wang Jianzhou’s CEO was assigned to Li Yue. Wang Jianzhou seems to be stepping out of the company’s management front line.
Li Yi, secretary-general of the China Mobile Internet Industry Alliance, broke the news on Weibo. Three major operators, China Mobile, China Telecom and China Unicom, will face major personnel changes: China Mobile chairman Wang Jianzhou will retire, and China Unicom chairman Chang Xiaobing will transfer Chairman of China Telecom and chairman of China Telecom Wang Xiaochu will be transferred to the governor of Yunnan Province.