Sou Hu Cai Jing·2025-11-01 00:57Core Points - The announcement on October 31 reveals significant personnel changes at China Resources Land's wholly-owned subsidiary, China Resources Land Holdings Limited [2][3] - Xu Rong has been appointed as the new Chairman, while Zhao Wei takes on the roles of Director, Chief Financial Officer, and Head of Information Disclosure [2][3] - The company emphasizes that these changes are part of normal management adjustments and will not adversely affect governance, daily operations, or debt repayment capabilities [3] Summary by Sections Personnel Changes - Xu Rong, aged 56, joined China Resources Land in January 2023 and has held various positions, including Vice President and Executive Director [2] - Zhao Wei, aged 53, has over 20 years of experience in financial management and previously held senior roles at China Resources Beer and China Resources Pharmaceutical [3] Company Background - China Resources Land Holdings Limited was established in 2013 and is based in Shenzhen, Guangdong Province [3] - It is a wholly-owned subsidiary of China Resources Land, listed on the Hong Kong Stock Exchange, and serves as a domestic bond-issuing entity [3]