Weilong Delicious Global Holdings Ltd (Weilong Delicious) has unveiled a series of senior management changes aimed at reinforcing its long-term growth strategy, all effective 3 November 2026.
Chief Executive Officer transition • Liu Fuping has resigned as CEO, a role he has held since listing, but will remain within the group as Co-Vice Chairman and continue to steer strategic planning, business development and corporate governance. • Liu expressed no disagreement with the Board, and no issues requiring shareholder attention were reported.
New CEO and Co-Vice Chairman • Yu Feng, currently Chief Financial Officer and senior vice president, will assume the dual roles of Chief Executive Officer and Co-Vice Chairman on the same date. • Yu brings more than 15 years’ experience in the leisure-food sector and has served the group since 2011 in research, e-commerce, marketing, HR and finance functions. • Under his new service contract, Yu will receive a basic annual salary of RMB3.33 million, subject to discretionary bonuses and annual review by the Board’s Remuneration Committee. • Yu is deemed interested in 5,512,891 Weilong Delicious shares and is related to several existing executive directors through family ties.
New Chief Financial Officer • Chen Yang, with over 20 years’ financial management experience at Nestlé and Hsu Fu Chi, has been appointed CFO. His background spans FP&A, supply-chain finance, treasury, tax, and internal control across China and global roles.
Governance impact Management believes the revised structure will sharpen decision-making, enhance operational execution and strengthen leadership succession as the company advances its strategic objectives.
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