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07.21.2011 14:38

Automaker Hawtai Revving Up Corporate Reform

New executives and ambitious growth goals complement a Chinese carmaker's commitment to modern management
By staff reporter Liang Dongmei

A talented stable of six senior executives took the stage together during a recent Beijing ceremony marking a new era for Chinese automaker Hawtai Motor.

Seated prominently among the executives was Zhang Hongliang, the 27-year-old company director and son of Chairman Zhang Xiugen. He's apparently being groomed to succeed his father as head of a family business that's now taking corporate governance seriously and planning for growth.

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