Shanshui Management Ousted From Unit as Tianrui Seeks ControlBy and
Tianrui Vice Chairman Li takes over as chairman of unit
Shanshui asks lawyers to take legal actions against Zhangs
The management of China Shanshui Cement Group Ltd.’s operating unit was ousted two days after executives of its parent were dismissed, in a move analysts said underscores efforts by the company’s biggest shareholder Tianrui Group Co. to solidify control.
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