Shanghai Daily reported that Mr MA Guoqiang has stepped down as general manager of Baoshan Iron & Steel Co, China's largest listed steel company to join Wuhan Iron & Steel Group.

Wuhan Steel said that the 50 year old Hebei Province native was appointed by the State-owned Assets Supervision and Administration Commission as the general manager of the central Hubei Province based steel company.

He was replaced by Mr Dai Zhihao vice general manager of Baosteel Group Corp parent of Baoshan Steel.

Ma became the vice general manager of Baosteel Group in 2001 and general manager of Baoshan Steel in 2009.

Source - Shanghai Daily