BEIJING, Jan. 19, 2021 /PRNewswire/ -- Fang Holdings
Limited (NYSE: SFUN) ("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
The Board has nominated and appointed Mr. Jian Liu ("Mr. Liu"), Fang's chief executive officer, as a director
of the Board, effective from
January 19, 2021. Ms. Zhizhi Gong ("Ms. Gong"), a director of the
Board, has resigned from the Board, effective from January
19, 2021. Ms. Gong'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 Ms. Gong for her efforts and contributions to the
Company.
Upon the effectiveness of Mr. Liu's appointment and
Ms. Gong's resignation, the Board will consist of five directors,
including three independent directors.
Changes in Management
Appointment of New President
Mr. Shihang Dong ("Mr.
Dong") has been appointed as Fang's president to replace Mr. Liu, effective from January
19, 2021. Mr. Liu will continue to serve as the
chief executive officer in charge
of the general management of the Company.
Mr. Dong joined Fang in 2014 and has since accumulated extensive
experience in the Company. In particular, Mr. Dong has served as the vice president of the
Company and the general manager of
the Company's new home business in 2019 and 2020, respectively.
Appointment of New Acting Chief
Financial Officer
Mr. Peng Cui ("Mr.
Cui") has been appointed as Fang's acting chief financial officer to replace
Mr. Ke Wang ("Mr. Wang"),
effective from January 19, 2021. Mr. Wang has resigned
from the Company for personal
reasons. His 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. Wang for his
efforts and contributions to the Company.
Mr. Cui has served as the deputy
general manager of the capital market department of Fang since
May 2020. Prior to joining the
Company, Mr. Cui served in the assurance department of
PricewaterhouseCoopers LLP San Francisco Office from January 2019 to February
2020. From December 2018 to December
2019, Mr. Cui served as a senior consultant in the
transaction advisory service department of Ernst & Young
(China) Advisory Ltd. From August 2017 to
December 2018, Mr. Cui served as a
finance manager at UBS (China)
Limited. From October 2012 to
July 2017, Mr. Cui served at multiple
positions, including the last position as a senior assurance
associate, at PricewaterhouseCoopers Zhongtian LLP. Mr. Cui
received his bachelor's degree in economics from Tianjin University of Science and Technology
in 2007, and a master's degree in business administration from the
San Francisco State University in 2011.
Mr. Cui is a regular member of the American Institute of Certified
Public Accountants.
About Fang
Fang operates a leading real estate Internet portal
in China in terms of the number of page views and
visitors to its websites. Through its websites, Fang provides
primarily marketing, listing, leads generation and financial
services for China's fast-growing real estate and home
furnishing and improvement sectors. Its user-friendly websites
support active online communities and networks of users seeking
information on, and value-added services for, the real estate and
home furnishing and improvement sectors in China. Fang
currently maintains approximately 74 offices to focus on local
market needs and its website and database contains real estate
related content covering 665 cities in China. For more
information about Fang, please visit http://ir.fang.com.
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SOURCE Fang Holdings Limited