China Vanke announces leadership change, new chairman appointed

China Vanke Co. announced the resignation of Mr. Xin Jie as chairman and non-executive director, effective October 12, 2025. Following his departure, the board elected Mr. Huang Liping as the new chairman. His term commences immediately and extends to the end of the twentieth session of the board. Mr. Huang, born in 1968, brings extensive experience from Shenzhen Metro Group Co. Ltd. and Shenzhen Talent Anju Group Co. Ltd., and has served as a director of China Vanke since June 2021. He will waive his right to receive director’s remuneration.

The board's composition as of October 13, 2025, reflects these changes. It now comprises Mr. Yu Liang and Ms. Wang Yun as executive directors; Mr. Huang Liping (chairman), Mr. Hu Guobin, and Mr. Lei Jiangsong as non-executive directors; and Mr. Liu Tsz Bun Bennett, Mr. Lim Ming Yan, Dr. Shum Heung Yeung Harry, and Mr. Zhang Yichen as independent non-executive directors.

In terms of committee assignments, Mr. Huang Liping is a member of the audit committee. Mr. Liu Tsz Bun Bennett serves as convener of the remuneration and nomination committee, while Dr. Shum Heung Yeung Harry convenes the investment and decision-making committee.