Pan Shiyi resigned as the chairman of the Chinese board of SOHO and Zhang Xin resigned as the CEO.

At noon on September 7, SOHO China (HK00410, HK $ 1.36, a market value of HK $ 7.071 billion) broke out. Pan Shiyi resigned from the position of the chairman of the board of directors, the chairman of the nomination committee, and the chairman of the ESG committee to focus on supporting art and charity; Zhang Xin resigned as the company's chief executive (CEO) position to focus on supporting art and charity. Effective every day.

At the same time, Huang Jingsheng, an independent non -executive director, was appointed as the chairman of the board of directors, chairman of the nomination committee, and chairman of the ESG Committee; Xu Jin and Qian Ting were appointed as executive directors and joint CEOs.

Source: SOHO China Announcement

According to the announcement of the announcement, Xu Jin, 50 years old, was previously the vice president of SOHO China, responsible for assets and property management. He joined the company in February 2001 and served as the director of the Personnel Administration, the director of the procurement department, and the vice president. In 1994, he obtained a bachelor's degree in engineering management in Beijing Materials Institute, and has more than 20 years of relevant experience in the real estate development industry.

Qian Ting, 45 years old, previously served as Vice President of SOHO China, responsible for property rental and sales. He joined the company in October 2002 and was the company's rental market director and deputy president. In 2000, he obtained a bachelor's degree in trade economy at Renmin University of China, and has 20 years of experience in Chinese real estate sales and leasing.

The term of office of the two is 3 years from September 7, and it can be terminated by any party not less than 3 months. Each year's basic remuneration is RMB 1.5 million, and the board of directors is RMB 264,000 according to its performance.

It is worth noting that Pan Shiyi and Zhang Xin are still members of the board of directors of SOHO.

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Daily Economic News

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