KE Holdings Appoints New Directors
12 August 2021 - 8:30AM
Business Wire
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, the Company’s chief financial officer, 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, effective immediately, based on the recommendations of the
nominating and corporate governance committee of the Board. The
Board also appointed Mr. ZHU Hansong as a member of the
compensation committee of the Board and a member of the audit
committee of the Board. At the same time, Mr. PENG Yongdong stepped
down as a member of the compensation committee of the Board, and
Mr. XU Wangang stepped down as a member of the audit committee of
the Board. Mr. PENG Yongdong will continue to serve as the chairman
of the Board and the chief executive officer of the Company, and
Mr. XU Wangang will continue to serve as an executive director of
the Board and the chief operating officer of the Company.
Mr. ZHU Hansong serves as 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 retiring from Goldman
Sachs late 2019, Mr. ZHU was the co-head of China Investment
Banking, head of Industrial and Natural Resources Group in Asia
Ex-Japan and chief executive officer of Goldman Sachs Gao Hua
Securities Company Limited. He is a member of the Asia Pacific
Commitments Committee and Investment Banking Division Client and
Business Standards Committee. Mr. ZHU joined Goldman Sachs as an
associate in 2000, and was named 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 bachelor’s degree in economics from Nanjing
University and master’s degree in economics from Peking
University.
“We are excited to welcome Mr. XU Tao and Mr. ZHU Hansong to our
Board,” said Mr. PENG Yongdong, chairman and chief executive
officer of Beike, “Mr. XU Tao is an insightful and experienced
leader and has years of outstanding service at Beike. The Board is
pleased to work with Mr. XU as our new executive director and
confident that he will continue to bring value to our Board. Mr.
ZHU’s sophisticated understandings about China’s macro economy and
policy, as well as his extensive experience in financial
institutions and capital market operations will provide invaluable
perspectives to our corporate and capital market development. We
look forward to working with Mr. ZHU and having his help guide our
company moving forward.”
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 industry infrastructure and standards in
China to reinvent how service providers and housing customers
efficiently navigate and consummate housing transactions, ranging
from existing and new home sales, home rentals, to home renovation,
real estate financial solutions, and other services. The Company
owns and operates Lianjia, China’s leading real estate brokerage
brand and an integral part of its Beike platform. With 20 years of
operating experience through Lianjia since its inception in 2001,
the Company believes the success and proven track record of Lianjia
pave the way for it to build the industry infrastructure and
standards and drive the rapid and sustainable growth of Beike.
Safe Harbor Statement
This press release contains statements that may constitute
“forward-looking” statements pursuant to the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “confident,” “expects,” “anticipates,”
“aims,” “future,” “intends,” “plans,” “believes,” “estimates,”
“likely to,” and similar statements. Among other things, the
remarks made by the management in this press release, as well as
Beike’s strategic and operational plans, contain forward-looking
statements. Beike or its management may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission (the “SEC”), in its annual
report to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical
facts, including statements about KE Holdings Inc.’s beliefs,
plans, and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement. Further information regarding these and other risks is
included in KE Holdings Inc.’s filings with the SEC. All
information provided in this press release is as of the date of
this press release, and KE Holdings Inc. does not undertake any
obligation to update any forward-looking statement, except as
required under applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210811005730/en/
For investor and media inquiries, please contact:
In China: KE Holdings Inc. Investor Relations Matthew Zhao
Siting Li E-mail: ir@ke.com
The Piacente Group, Inc. Ross Warner Tel: +86-10-6508-0677
E-mail: ke@tpg-ir.com
In the United States: The Piacente Group, Inc. Brandi Piacente
Tel: +1-212-481-2050 E-mail: ke@tpg-ir.com
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