CMSK(SZ:001979) Sou Hu Cai Jing·2026-01-26 07:37Group 1 - Zhu Wenkai was appointed as the new chairman of China Merchants Shekou in September 2025, succeeding Jiang Tiefeng, who has moved up to a vice president role at China Merchants Group [4] - Zhu Wenkai has a background in port operations and has held various positions within China Merchants, including roles in real estate development [3] - China Merchants Shekou reported a revenue of 89.766 billion yuan for Q3 2025, marking a year-on-year increase of 15.07%, while net profit attributable to shareholders decreased by 3.99% to 2.497 billion yuan [4] Group 2 - The company experienced a significant decline in net cash flow from operating activities, which fell by 75.81% to 3.137 billion yuan, primarily due to reduced sales receipts from real estate projects [4] - Zhu Wenkai's tenure as chairman may be limited, as he is 59 years old and the retirement age for secondary unit leaders in state-owned enterprises is typically 60 [3]