Two major Chinese automakers announce new chairmen

Xu Ping, chairman of FAW Group. [Photo/China Daily]

Xu, 58, is a resident of Hubei province and holds an MBA degree from Tsinghua University as well as a bachelor's of engineering from Hefei University of Technology.

He joined Second Automobile Works, the predecessor to Dongfeng Motor, in 1982 after graduating from Hefei University of Technology.

He became general manager in 2005. From June 2010, he chaired the company until his recent move to FAW.

Dongfeng Motor paid him 1.68 million yuan ($274,100) last year and 790,000 yuan for 2013, according to its annual report.