LIANLIAN (02598): Sun Dali Nominated as Co-President

Stock News11-11

LIANLIAN (02598) announced that Shen Enguang, the company's current deputy general manager, and Sun Dali, the current president, have been nominated as co-presidents, effective from November 11, 2025. Upon their appointments, Shen and Sun will jointly assist the CEO in the company's overall strategic planning and daily operational management.

The board also announced that executive director Xin Jie will step down as CEO due to personal reasons, effective from the date his resignation is formally submitted to the board in March 2026. Following Xin's departure, the board proposes to appoint Zhang Zhengyu, chairman and executive director, as the new CEO. Subject to board approval, the appointment is expected to take effect in March 2026.

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