Central China Real Estate: CEO Yang Mingyao Steps Down, Board Initiates Successor Search

Bulletin Express

09/04

Central China Real Estate Limited announced that Chief Executive Officer Mr. Yang Mingyao resigned effective 4 September 2026, citing family considerations and a desire to focus on other business engagements.

The company confirmed that Mr. Yang has no disagreements with the Board and that no matters related to his departure require shareholder or exchange attention. The Board expressed gratitude for his contributions and stated it is actively seeking a new chief executive; an additional announcement will follow upon appointment.

Board composition at the announcement date stands at seven directors: two executive directors (Mr. Wu Po Sum, Ms. Yang Feifei), two non-executive directors (Mr. Xu Huizhan, Mr. Zhang Hui), and three independent non-executive directors (Mr. Cheung Shek Lun, Mr. Xin Luo Lin, Dr. Sun Yuyang). Mr. Wu Po Sum continues as Chairman.

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