BEIJING – (COMMERCIAL THREAD) – KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE), a leading integrated online and offline platform for housing transactions and services, today announced the appointment of Mr. XU Tao, Chief Financial Officer of the Leading Company, as an executive director of its board of directors (the “Board”), and the appointment of Mr. ZHU Hansong as an independent director of the Board, with immediate effect, on the basis of the recommendations of the Board’s nomination and corporate governance committee. The Board also appointed Mr. ZHU Hansong as a member of the Board’s Compensation Committee and a member of the Board’s Audit Committee. At the same time, Mr. PENG Yongdong resigned as a member of the compensation committee of the board of directors, and Mr. XU Wangang resigned as a member of the audit committee of the board of directors. Mr. PENG Yongdong will continue to serve as Chairman of the Board and CEO of the Company, and Mr. XU Wangang will continue to serve as Executive Director of the Board of Directors and Chief Executive Officer. the operation of the Company.
Mr. ZHU Hansong has been an independent director for Kidswant Children Products Co., Ltd since March 2020 and for Missfresh Limited (NASDAQ: MF) since June 2021. Mr. ZHU worked for Goldman Sachs from June 2000 to December 2019. Before taking his job Retiring from Goldman Sachs at the end of 2019, Mr. ZHU was Co-Director of China Investment Banking, Director of the Industrial and Natural Resources Group in Asia Ex-Japan and Managing Director of Goldman Sachs Gao Hua Securities Company Limited. He is a member of the Asia-Pacific Commitments Committee and the Commercial and Client Standards Committee of the Investment Banking division. Mr. ZHU joined Goldman Sachs as a partner in 2000, and was appointed managing director in 2005 and partner in 2008. Prior to joining Goldman Sachs, Mr. ZHU worked at China International Capital Corporation Limited from 1995 to 2000. Mr. ZHU received his BA in Economics from Nanjing University and MA in Economics from Peking University.
“We are delighted to welcome Mr. XU Tao and Mr. ZHU Hansong to our Board, ”said Mr. PENG Yongdong, Chairman and CEO of Beike,“Mr. XU Tao is an insightful and experienced leader with years of exceptional service at Beike. The Board is pleased to work with Mr. XU as the new Executive Director and confident that he will continue to add value to our Board. Mr. ZHU’s in-depth knowledge of China’s macroeconomics and politics, as well as his extensive experience in financial institutions and capital markets operations will provide invaluable insights into the development of our business and capital markets. We look forward to working with Mr. ZHU and having his help in guiding our business into the future.
About KE Holdings Inc.
KE Holdings Inc. is a leading integrated online and offline platform for housing transactions and services. The company is a pioneer in building the infrastructure and industry standards in China to reinvent the way housing service providers and customers efficiently navigate and complete housing transactions, ranging from the sale of homes existing and new to home rentals, home renovations, real estate financial solutions and other services. The Company owns and operates Lianjia, the leading real estate brokerage brand in China and an integral part of its Beike Platform. With 20 years of experience in operating through Lianjia Since its inception in 2001, the company believes that the success and proven track record of Lianjia pave the way for building infrastructure and industry standards and for Beike’s rapid and sustainable growth.
Safe Harbor Declaration
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