At noon today (January 31), Dafa real estate (06111. HK) announced that Liao Lujiang had resigned as executive director, CEO, member of the Remuneration Committee of the board of directors and member of the environmental, social and Governance Committee; Leng Junfeng has been appointed as an executive director, a member of the Remuneration Committee of the board of directors and a member of the environmental, social and Governance Committee, and has been transferred from the company’s chief operating officer to chief executive officer
screenshot of Dafa real estate publicity
Before leaving, Liao Lujiang was in charge of Dafa real estate investment and development center, comprehensive management center, marketing management center and financial management center, and successively in charge of operation management center, product operation center and cost procurement center
After Liao Lujiang resigned, Leng Junfeng, chief operating officer of Dafa real estate, has begun to take over the marketing management work in charge of Liao Lujiang. Previously, Leng Junfeng was mainly in charge of the product operation center.
Leng Junfeng joined Dafa real estate in March 2018 and served as chief operating officer and senior vice president in March 2020. After taking over as CEO this time, he will be in charge of Dafa Investment Development Center, product operation center, marketing management center and cost procurement center.
Statistics show that Leng Junfeng works in many large-scale real estate enterprises and has more than 20 years of experience in company management. From January 2011 to October 2013, he served as the general manager of CSCEC real estate Wuhan company; From October 2013 to February 2015, he served as the general manager of CNOOC real estate Shenyang Engineering Company; From February 2015 to January 2017, he served as vice president of North China in Shimao Group.
It is worth noting that since 2020, many executives of Dafa real estate have left successively, including star managers. First, Zhang Jian, vice president in charge of marketing, resigned at the end of December 2020, and then Wang Feng, chief product officer and senior vice president, resigned. Last July, Luo Jun, chief financial officer and senior vice president, resigned. Luo Jun is a well-known financial executive in the industry and once served as Jiangsu Zhongnan Construction Group Co.Ltd(000961) deputy general manager.
As of today’s noon closing, Dafa real estate’s share price was HK $4.56/share, with the latest market value of HK $3.765 billion.
