Twenty days after the last senior management change, China Resources Beer has experienced another executive reshuffle. Recently, China Resources Beer announced that Zhao Wei, the company's executive director, finance committee member, and chief financial officer, has resigned from all aforementioned positions due to other work arrangements.

On the same day, China Resources Land announced that Zhao Wei has been appointed as executive director and executive committee member effective September 23, taking over the roles of CFO, company secretary, and authorized representative.

According to public information, the 53-year-old Zhao Wei holds a doctorate in engineering from Tianjin University and has over 20 years of experience in financial management. He has been deeply involved in the China Resources system for 20 years, joining China Resources Beer (Tianjin) Co., Ltd. as assistant to the finance director in 2003. He subsequently held important positions in various departments of China Resources Beer, including general manager of the capital management department, general manager of management accounting and statistics department, and finance director at China Resources Snow Beer (China) Co., Ltd., as well as chief financial officer at China Resources Pharmaceutical Commercial Group Co., Ltd. He assumed the position of chief financial officer at China Resources Beer in June 2023.

According to the 2024 annual report, Zhao Wei's basic salary and allowances totaled 1.05 million yuan, with a bonus of 1.69 million yuan.

Notably, after China Resources entered the liquor business, Zhao Wei held key positions in the company's liquor segment. Starting in February 2024, he served as director of Guizhou Jinsha Jiujiao Liquor Industry Co., Ltd., a subsidiary of China Resources Beer. He was also appointed as director of Shandong Jingzhi Liquor, Jinzhongzi Group, and Jinzhongzi Liquor in February 2024, March 2024, and July 2024, respectively.

China Resources Beer expressed gratitude for Zhao Wei's contributions during his tenure in the announcement and stated that it will issue necessary announcements when appointing replacement executive directors and/or chief financial officers.

As of now, the company's board chairman is Zhao Chunwu, who was just appointed at the beginning of the month, with non-executive directors including Daniel Robinson, Guo Wei, and Wang Chengwei.