Han Junliang will resign for “personal reasons”, says Bloomberg, quoting a filing to the Shanghai Stock Exchange by the turbine manufacturer.
He will be replaced by Wei Wenyuan, says the report. Last August it was Wei who replaced Han as president of Sinovel.
Wei, who has held roles in a number of financial institutions including the position of general manager of the Shanghai exchange, owned 10% of Sinovel at the time of that switch.
Han