The board of directors of Evergrande welcomed the first “outsider”.
On the evening of January 23, China Evergrande (03333.HK) issued a director change announcement stating that Shawn was appointed as executive director and Liang Senlin was appointed as non-executive director; at the same time, Lai Lixin and Huang Xiangui resigned as executive directors.
Currently, China Evergrande's executive directors include Xu Jiayin (Chairman), Xia Haijun (CEO), Pan Darong, Shi Junping, and Shawn. Non-executive directors are Liang Senlin, and independent non-executive directors include Zhou Chengyan, He Qi, and Xie Hongxi.
Most of them have worked at Evergrande for many years. Shawn is an Evergrande insider. He is currently the executive director and chairman of China Evergrande New Energy Vehicle Group Co., Ltd., and the executive president of Evergrande Group. He joined Evergrande Group in 2013; Pan Darong and Shi Jun both joined Evergrande in 2006, one year earlier than the “working emperor” Xia Haijun.
The status of a “foreign aid” is worth paying attention to
In comparison, Liang Senlin's identity is worth paying more attention to. Liang Lin, 56, has over 30 years of experience in banking and asset management. In 2018, he joined China Cinda Asset Management Co., Ltd. (hereinafter referred to as “China Cinda”) and has been the chairman of China Cinda (Hong Kong) Holdings Limited (hereinafter referred to as “Cinda Hong Kong”) since May 2019.
Among them, Cinda Hong Kong is a wholly-owned subsidiary of China Cinda. It is mainly engaged in domestic and foreign non-performing asset investment, equity investment, mezzanine investment, debt investment and securities investment, medium- and long-term bond issuance, high-quality assets and structured fixed income...