GCL Technology announces CEO change, appoints vice chairman

GCL Technology Holdings Limited (HKEX: 3800) has announced a change in its leadership structure, effective February 19, 2025. Mr. Zhu Gongshan, the current chairman, has been appointed as Joint Chief Executive Officer, replacing Mr. Zhu Zhanjun, who will remain as an executive director and Vice Chairman. Additionally, Ms. Sun Wei has been appointed as Vice Chairman. The board believes vesting both roles in Mr. Zhu will improve company strategy. Mr. Zhu Gongshan indirectly holds interests in 6,405,332,156 shares. Other changes include that Zhanjun still holds 2,719,539 share options and 3,300,000 award shares. Wei holds 5,723,000 shares and granted 1,712,189 share options and 3,300,000 award shares. The company expressed its gratitude to Mr. Zhu Zhanjun for his service as Joint CEO and welcomed Mr. Zhu Gongshan and Ms. Sun Wei to their new positions.