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China Aoyuan Group ( (HK:3883) ) has issued an announcement.
China Aoyuan Group Limited announced a change in its board of directors, with Mr. Chen Zhi Bin resigning as an executive director effective July 31, 2025. Despite stepping down from the board, Mr. Chen will continue as Co-president, focusing on leading the company’s debt restructuring efforts. Concurrently, Mr. Jiang Zhan Hong has been appointed as an executive director, bringing his extensive experience in operation and asset management within the Group. These changes are part of the company’s strategic efforts to strengthen its management team and address financial restructuring, potentially impacting its market positioning and stakeholder relations.
More about China Aoyuan Group
China Aoyuan Group Limited operates in the real estate industry, focusing on property development and asset management. The company is known for its comprehensive approach to real estate, including residential and commercial projects, and has a significant presence in the Chinese market.
Average Trading Volume: 14,037,624
Current Market Cap: HK$622.4M
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