BEIJING, April 13, 2024 (GLOBE NEWSWIRE) -- Fang Holdings Limited (OTC:SFUNY) ("Fang" or the "Company"), a leading real estate Internet portal in China, today announced changes in its board of directors (the "Board") and management.
Change in Board of Directors
Mr. Yu Huang ("Mr. Huang"), a director of the Board, has resigned from the Board, effective from April 13th, 2024. Mr. Huang's resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Fang thanks Mr. Huang for his efforts and contributions to the Company.
Upon the effectiveness of Mr. Huang's resignation, the Board will consist of five directors, including three independent directors.
Changes in Management
Resignation of Chief Financial Officer
Mr. Peng Cui has resigned from the position of Chief Financial Officer, effective April 15th, 2024. Peng Cui has been a valued member of the executive team and has contributed significantly to the company's financial stability during his tenure.
The decision to resign comes after Peng Cui has decided to pursue new opportunities that align with his professional aspirations. The company respects his decision and wishes him the best in his future endeavors.
"I want to thank Peng for his leadership and his many contributions to Fang through ...