KE Holdings co-founder Peng Yongdong serves as chairman and CEO, while Zu Hui is named "Eternal Honorary Chairman".

On May 24th, Beijing time, ke holdings announced that the company's co-founder, CEO, and executive director, Mr. Peng Yongdong, succeeded Mr. Zuo Hui as the chairman of ke holdings, and appointed Mr. Xu Wangang, ke holdings' chief operation officer, as the executive director. At the same time, ke holdings announced that Mr. Zuo Hui is the 'eternal honorary chairman' of the company, in commemoration of his significant contributions and valuable spiritual legacy.

Mr. Peng Yongdong joined Lianjia in 2010, founded the leading domestic full value chain property service platform, Lianjia.com, in 2014, and served as the CEO. In 2018, as a co-founder, Mr. Peng Yongdong launched the technology-driven new residential digital service provider, Beike Zhaofang, and served as the CEO, focusing on creating value for service providers and providing high-quality residential services for consumers.

Mr. Peng Yongdong stated: 'We are deeply saddened. We have lost a founder who laid the foundation for our career and mission, and the residential industry has lost a leader who has always been exploring and innovating. From Lianjia to ke holdings, Mr. Zuo Hui spent twenty years setting up one milestone after another in China's real estate transaction and residential service industry. These valuable legacies will guide the company's continued progress. At the same time, Mr. Zuo Hui's beliefs and values have deeply integrated into the DNA of the enterprise, ensuring the stability and orderliness of the management team and the continuous healthy growth of the organization.'

"As the founder of ke holdings, in the past, Mr. Zuo Hui was the chairman of ke holdings; from today onwards, Mr. Zuo Hui is the 'eternal honorary chairman' of ke holdings. We hope to forever remember Mr. Zuo Hui and his spirit in this way. I hope that all ke holdings employees can carry the spirit of doing 'difficult things that are right', persistently walking on this long and gentle path of the residential service industry." Mr. Peng Yongdong added.

"I also firmly believe that with the trust and support of consumers, employees, shareholders, and partners, the ke holdings management team will surely unite as one, unwaveringly carry out Mr. Zuo Hui's legacy, which is also our common mission: 'dignified service providers, better living environment'." Mr. Peng Yongdong concluded.

The company's executive directors, senior management, and Propitious Global Holdings Limited (and the family trust managing its equity interests) have committed that within 365 days from now, they will not sell, transfer, or otherwise dispose of any common shares or American depositary shares of the company they currently hold.

The ke holdings management team has very deep insights and practical experience in the residential property internet plus-related industry. Guided and motivated by the core business values of ke holdings founder Zuo Hui, the ke holdings management team has honed their teamwork over the years, steadily improving the quality of basic residential industry services, continuously creating long-term value. The latest financial report of ke holdings shows that ke holdings' revenue in the first quarter of 2021 reached 20.7 billion yuan, a year-on-year increase of 190.7%, exceeding the upper limit of ke holdings' previous performance guidance and market expectations.

312K Views