Core Points - The company announced that Yan Tao will step down as CEO effective October 13, 2025, but will continue to serve as an executive director and vice chairman of the board [2] - Tang Xiangyang has been appointed as the new CEO, effective October 13, 2025, and will oversee the overall management and business operations of the company and its subsidiaries [2] - Tang Xiangyang has extensive experience in the industry, having joined the group in 1989 and held various management positions [2] Employment Details - Tang Xiangyang has signed an employment contract with the company for a term of three years starting from October 13, 2025, with the possibility of renewal upon mutual agreement [3] - His annual compensation is set at 5 million yuan, which will be reviewed periodically by the board and the remuneration committee [3] Company Performance - As of the announcement date, Tang Xiangyang holds 833,000 shares of the company and has been granted 3.333 million share awards under the company's equity incentive plan, which are not yet vested [4] - The company, known as the "first Hong Kong stock liquor company" and "second sauce-flavored liquor company," operates four major brands and reported a revenue of 2.5 billion yuan for the first half of 2025, a year-on-year decline of 39.6% [4] - The net profit attributable to shareholders for the same period was 570 million yuan, down 23.5% year-on-year [4]
珍酒李渡委任57岁汤向阳为CEO，年薪与酌情花红合计每年500万元