Zhitong Finance App News, Lifeng (Group) (00387) announced that Mr. Li Xiuliang will no longer be the company's CEO, effective from October 16, 2026, to spend more time setting the group's strategic direction, but he will continue to serve as the company's executive director and chairman of the board of directors.

Mr. Chen Zhengxuan has been appointed as Chief Executive Officer. Mr. Pan Yaoming, the current Executive Director and Group Chief Financial Officer, has been promoted to Group Chief Financial Officer and Corporate Director with effect from October 16, 2026.

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