FU SHOU YUAN (01448) announced that, effective December 12, 2025, Mr. Wang Jisheng has been relieved of his position as President of the company following a comprehensive assessment of future development needs, his age and energy levels, as well as recent business performance under his leadership. The board's decision aims to align management arrangements with the company's next-phase development strategy while allowing Mr. Wang to focus more on his duties as Executive Director and member of the Nomination Committee. He will retain these roles.
To enhance operational efficiency, the company will implement a "Co-Chief Executive Officer" (Co-CEO) system. Mr. Jin Leiyi (currently Group Western Regional General Manager) and Mr. Ma Jianting (currently Chief Financial Officer) have been appointed as Co-CEOs of the company.
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