Distinct Healthcare Holdings Limited (Distinct Healthcare) has announced a board-level adjustment in advance: Executive Vice President and Executive Director Mr. Shi Yi will transition to the role of Non-Executive Director on 12 November 2026. He will simultaneously step down from his executive vice-president position to devote more time to personal commitments.
Under a newly signed letter of appointment, Mr. Shi’s non-executive tenure will commence on 12 November 2026 and conclude on the earlier of 6 February 2029—or the date of the third annual general meeting following the company’s 6 February 2026 Main Board listing. Either party may terminate the appointment with one month’s prior notice, and Mr. Shi will be subject to the regular rotation and re-election requirements stipulated in the company’s Articles of Association and Hong Kong Listing Rules.
Compensation terms shift notably: Mr. Shi will no longer receive remuneration for his board service after the re-designation, although he will be reimbursed for expenses incurred while discharging his duties. As of the announcement date, Mr. Shi holds restricted share units entitling him to receive 200,000 company shares.
Mr. Shi, aged 46, co-founded the group in April 2012 and has served in various leadership capacities, including human-resources management and healthcare operations. His prior experience spans roles at LG Electronics (China) Co., Ltd. and Tencent Technology (Shenzhen) Co., Ltd., with a focus on strategic planning, sales, and product management. He holds a bachelor’s degree in international economics with a minor in computer software from Peking University.
Upon effecting the change, Distinct Healthcare’s board will comprise one Executive Director (Chairman Wang Zhiyuan), six Non-Executive Directors—including Mr. Shi—and four Independent Non-Executive Directors.
The board expressed gratitude for Mr. Shi’s contributions during his executive tenure and welcomed him to his forthcoming non-executive role.
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