HC Group announces president's departure, leadership change

HC Group Inc. announced a change in its board composition, with Liu Xiaodong tendering his resignation as an executive director and the president of the company. His departure is effective from November 3, 2025, attributed to adjustments in his other work arrangements.

The company confirmed that Liu has no disagreements with the board, and there are no outstanding matters relating to his resignation that require the attention of the company's securities holders. The board expressed its gratitude to Liu for his valuable contributions during his tenure.

As of October 29, 2025, the board comprises Liu Jun (chairman, executive director and chief executive officer), Zhang Yonghong (executive director), Liu Xiaodong (executive director and president), Guo Fansheng (non-executive director), Lin Dewei (non-executive director), Xing Jingfeng (non-executive director), Zhang Ke (independent non-executive director), Zhang Tim Tianwei (independent non-executive director), and Qi Yan (independent non-executive director).