At 22:56 on the evening of June 10, Mr. Wang Jun, former chairman of CITIC Group and Beijing Guoan Football Club, passed away in Guangzhou at the age of 78. Wang Jun is the son of former Vice President Wang Zhen. He is a founding member of CITIC Group and the third chairman after

2024/04/2910:13:33 hotcomm 1600

html At 22:56 on the evening of June 10, Mr. Wang Jun, the former chairman of CITIC Group and Beijing Guoan Football Club , passed away in Guangzhou at the age of 78.

At 22:56 on the evening of June 10, Mr. Wang Jun, former chairman of CITIC Group and Beijing Guoan Football Club, passed away in Guangzhou at the age of 78. Wang Jun is the son of former Vice President Wang Zhen. He is a founding member of CITIC Group and the third chairman after - DayDayNews

Wang Jun is the son of former Vice President Wang Zhen. He is a founding member of CITIC Group and the third chairman after Rong Yiren and Wei Mingyi.

Wang Jun was born in Hunan on April 11, 1941. He graduated from Harbin Military Engineering Institute. He worked as an engineer at Jiangnan Shipyard and Wuchang Shipyard. He served in the Navy of the People's Liberation Army from 1977 to 1978 and entered the navy in 1979. Worked in the Business Department of China International Trust and Investment Corporation, and served as Chairman of CITIC Group Corporation from 1995 to 2006.

At 22:56 on the evening of June 10, Mr. Wang Jun, former chairman of CITIC Group and Beijing Guoan Football Club, passed away in Guangzhou at the age of 78. Wang Jun is the son of former Vice President Wang Zhen. He is a founding member of CITIC Group and the third chairman after - DayDayNews

The reform and opening up also changed Wang Jun’s life. In 1979, at the age of 38, Wang Jun resolutely followed 63-year-old Rong Yiren to start a business and established CITIC. Wang Jun first joined CITIC as the general manager of the business department, and later served as deputy general manager and general manager of CITIC until 1995. He rose to be the number one chairman and served CITIC, which later became a giant state-owned enterprise, until he retired at the age of 65.

In 1995, Wang Jun turned 54 and officially became the chairman of CITIC in his prime. He was also the third chairman of CITIC after Rong Yiren.

In 1996, he independently decided to sell CITIC Pacific 18% of the shares. At the time of signing, the share price was about 32 yuan, but the stock price at the time of the official transfer was about 38 yuan. 18% was "600 million shares, a difference of 6 yuan per share." , state-owned assets will be lost by 3.6 billion."

Moreover, the stock price subsequently rose to 58 yuan, so this incident was considered "the largest loss of state-owned assets" at the time. Although Wang Jun was prepared to be removed from his post, and central leaders talked to him, Wang Jun was not removed from his post.

If we had gone through a lot of procedures, we might not have been able to do this. Moreover, it was Wang Jun’s decision that allowed CITIC to obtain 10.8 billion in funds at once. By the time of the Asian financial crisis in 1997, CITIC had weathered the difficulties on its own. Wang Jun said, "We did not reach out to the country to ask for money."

At 22:56 on the evening of June 10, Mr. Wang Jun, former chairman of CITIC Group and Beijing Guoan Football Club, passed away in Guangzhou at the age of 78. Wang Jun is the son of former Vice President Wang Zhen. He is a founding member of CITIC Group and the third chairman after - DayDayNews

When Beijing Guoan Football Club was established in 1992, Mr. Wang Jun, then the executive deputy general manager of CITIC Corporation, and Mr. Li Shilin, general manager of CITIC Guoan Mr. Li Shilin respectively served as Club Chairman and Vice Chairman.

At 22:56 on the evening of June 10, Mr. Wang Jun, former chairman of CITIC Group and Beijing Guoan Football Club, passed away in Guangzhou at the age of 78. Wang Jun is the son of former Vice President Wang Zhen. He is a founding member of CITIC Group and the third chairman after - DayDayNews

At the end of 1995, Vice Chairman Li Shilin said at the club's annual summary meeting: "This year we won the runner-up, and next year we will compete for the championship!" At this time, Chairman Wang Jun immediately interrupted Li Shilin's speech and said: " Fight for the championship next year? Then we won’t compete for the championship next year? We will compete for the championship every year!”

From now on, the slogan that has been chanted by us for more than 20 years is “Guoan will always compete for the championship.” "And so it was born!

At 22:56 on the evening of June 10, Mr. Wang Jun, former chairman of CITIC Group and Beijing Guoan Football Club, passed away in Guangzhou at the age of 78. Wang Jun is the son of former Vice President Wang Zhen. He is a founding member of CITIC Group and the third chairman after - DayDayNews

Thank you to Chairman Wang Jun for all your efforts and contributions to Guoan and Beijing Football! I wish the old man a good journey, and I also hope that Guoan can continue to work hard in the spirit of "always striving for first place" and live up to the expectations of the old chairman.

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