Liu Wei Returns to Giant Network Group (002558.SZ) as CEO, Implements Rotating Leadership for Game Business

Stock News10-28

Giant Network Group Co.,Ltd. (002558.SZ) has announced a new rotating leadership mechanism for its game business division, marking a strategic shift aimed at empowering young talent. The company confirmed that CEO and General Manager Zhang Dong has resigned for personal reasons, with board member Liu Wei taking over both roles.

Liu Wei, who stepped down as CEO two years ago, is now refocusing on cultivating core talent, with the rotating leadership system being a key part of this initiative. The move aligns with Giant Network’s youth-oriented talent strategy, championed by Chairman Shi Yuzhu, who emphasizes that gaming is a field for the younger generation and advocates bold promotions of young professionals.

In recent years, the company has entrusted key project roles to young teams, resulting in hit titles such as *Balloon Fight*, *Original Journey*, and *Supernatural Action Squad*—the latter developed primarily by post-95s talent. The rotating game business leaders will be selected from young frontline骨干 (backbone) employees, serving dual purposes:

1. **Strategic Involvement**: Enabling R&D leaders close to users and markets to participate in high-level decision-making while maintaining their operational focus, thereby improving efficiency. 2. **Career Growth**: Expanding their responsibilities from project-level to corporate-wide perspectives, fostering long-term leadership development and sustaining the company’s competitive edge.

"This is a future-oriented adjustment," an insider noted. "As a company with strong R&D DNA, integrating young talent into major decisions will amplify Giant Network’s strengths. Shi Yuzhu and Liu Wei will mentor these rising stars."

Similar rotating leadership models have been adopted by tech giants like Huawei and Alibaba to build executive pipelines. Giant Network’s commitment to in-house premium game development, coupled with this talent strategy, aims to fuel more blockbuster titles and solidify its market position.

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