On October 14, Capital Group issued an announcement stating that according to relevant appointment documents, Mi Yong is the Party Secretary and Chairman of Pioneer Group; Liu Yongzheng is no longer serving as Party Secretary and Chairman of Pioneer Group. According to data, Mi Yong is currently the party committee secretary and chairman of Pioneer Group, and also the chairman of Beijing Capital City Development Group Co., Ltd. Served as Director of Finance of Beijing Urban Construction Group Co., Ltd., Assistant Chairman of the Beijing State-owned Enterprise Supervisory Board, Member of the Standing Committee and Financial Director of Beijing Capital Development Holdings Co., Ltd., Chief Accountant of Beijing Shounong Food Group Co., Ltd., Member of the Standing Committee of the Party Committee and Chief Accountant of Pioneer Group, Deputy Secretary, Director and General Manager of the Party Committee of Pioneer Group.

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