Zhu Rongbin’s share reduction and resignation Yango Group Co.Ltd(000671) Xu Guohong took over

On the evening of January 5, Yango Group Co.Ltd(000671) (000671. SZ) announced that the board of directors and the board of supervisors received a written resignation report from Mr. Zhu Rongbin, executive chairman and President nominated by Shanghai Jiawen Investment Management Co., Ltd. on January 5, 2022.

Yango Group Co.Ltd(000671) said that Zhu Rongbin resigned as executive chairman and President of the 10th board of directors for personal reasons. At the same time, he no longer served as a member of the strategy committee of the board of directors. After his resignation, he did not hold any other positions in the company. Zhu Rongbin’s resignation from the post of executive chairman and president will not cause the number of the board of directors to be lower than the quorum and will not affect the normal operation of the board of directors.

In addition, Yango Group Co.Ltd(000671) also announced that Zhu Rongbin reduced his 3.9181 million tradable shares of the company with unlimited sales conditions through block trading on January 5 due to personal capital needs, accounting for 0.09% of the total share capital of the company and about 25% of the shares held by Zhu Rongbin before the reduction. As of the disclosure date of the announcement, Zhu Rongbin held 11.7544 million Yango Group Co.Ltd(000671) shares.

As early as December 22, 2021, Zhu Rongbin had reduced his holdings of 4.5461 million Yango Group Co.Ltd(000671) tradable shares with unlimited sales conditions, accounting for 0.1099% of the total share capital of Yango Group Co.Ltd(000671) . The reduction price was 3.3 yuan per share and is expected to cash out about 15 million yuan.

Zhu Rongbin is a professional manager with rich experience in the real estate industry. After graduating from Tsinghua University, he joined CNOOC and served as deputy general manager of CNOOC China Department, Beijing company and Guangzhou company and general manager of East China. In 2008, Zhu Rongbin joined R & F real estate as the general manager of South China. In 2013, Zhu Rongbin joined country garden and was known as the famous “three bin” combination of country garden with President Mo bin and CFO Wu Jianbin. In 2017, Zhu Rongbin, then executive director, CO president and member of the Executive Committee of country garden, resigned from country garden after Wu Jianbin, and “Shuangbin” successively joined Yango Group Co.Ltd(000671) .

As Zhu Rongbin’s successor, Xu Guohong graduated from Zhejiang University with a master’s degree. He joined Yango Group Co.Ltd(000671) in the same year with Zhu Rongbin and worked in Fuzhou regional company. He has more than 15 years of real estate management experience. He once served as vice president of Yango Group Co.Ltd(000671) group and President of Fuzhou regional company. He has won the sales champion of Fuzhou real estate market for 7 consecutive years.

The departure of Zhu Rongbin and Xu Guohong’s “upper position” are not without signs.

Just three months ago, in mid October 2021, Yango Group Co.Ltd(000671) carried out an organizational and personnel structure change. Xu Guohong was promoted from the former vice president of Yango Group Co.Ltd(000671) group and President of Fujian region to the executive president of the group, responsible for the daily business management of the company. At the same time, he also served as the general manager of the group’s marketing management center and reported to Zhu Rongbin, executive chairman and President of the group. Zhu Rongbin’s energy is transferred to the old reform, the foreign cooperation of Dazong target and the exploration of new tracks, such as green technology, urban renewal and Pension Based on green smart home. Previously, Zhu Rongbin’s daily core management work such as marketing, product R & D, full staff customer service and information management was handed over to the newly promoted Xu Guohong for assistance. At that time, it was also considered as an “unknown and real” retreat and upper position.

(Economic Observer network)

 

- Advertisment -