KE Holdings Appoints New Independent Director
29 March 2022 - 9:00AM
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.
WU Jun as an independent director of its board of directors (the
“Board”). The Board also appointed Mr. WU as the chairperson of the
compensation committee of the Board and a member of the audit
committee and nominating and corporate governance committee of the
Board. Ms. CHEN Yu will no longer serve as an independent director
of the Board after her current term expires, which was also based
on her career pursuit and did not result from any disagreement with
the Company. These changes will be effective on March 29, 2022.
Mr. WU is the founder and has been serving as the chairman of
the board of Beijing Radium Lab Technology Co., Ltd. since 2018. He
is a co-founder of Beijing Wisdon Technology Co., Ltd. where he
joined in 2017. From 2010 to 2017, Mr. WU held various positions,
including chief executive officer, chief financial officer and
executive vice president, at AsiaInfo Holdings, LLC (formerly known
as AsiaInfo-Linkage, Inc., a provider of telecommunication software
solutions and services in China that was listed on the Nasdaq from
2000 to 2014). From 2008 to 2010, Mr. WU served as the chief
financial officer of iSoftStone Information Technology (Group) Co.,
Ltd., a subsidiary of iSoftStone Holdings Limited, a China-based IT
services provider that was listed on the NYSE from 2010 to 2014.
Prior to that, Mr. WU served as a vice president in the finance
department at Huawei Technologies Co., Ltd. from 2006 to 2008. From
1997 to 2005, Mr. WU worked for Lucent Technology (China) Co., Ltd.
and held various positions, lastly as the chief financial officer
in the Greater China area. From 1995 to 1996, he was an accountant
at the Beijing Representative Office of SAP AG and subsequently at
SAP (Beijing) Software System Co., Ltd. Prior to that, Mr. WU held
certain financial management positions, including the management
accountant, sales routine supervisor and logistics assistant
manager, at Wall’s China Co., Ltd. from 1991 to 1995. Mr. WU has
served as an independent non-executive director of Beijing Evercare
Medical Technology Group Co., Ltd. since July 2021. Mr. WU
graduated from University of International Business and Economics
with a diploma majoring in international accounting in 1989 and he
received an MBA degree from City University of Seattle in 1999.
“We are pleased to welcome Mr. WU Jun to our Board,” said Mr.
PENG Yongdong, chairman and chief executive officer of Beike, “Mr.
WU’s expertise in finance and extensive experience in the capital
markets will significantly contribute to our corporate and capital
markets development. We look forward to working with Mr. WU and
having his help guide our company moving forward. Meanwhile, on
behalf of the Board, we would like to thank Ms. CHEN Yu for her
significant contribution to our company and wish her all the best
in her future personal and career endeavors.”
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
and furnishing, 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 more than 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,” “expects,” “anticipates,” “aims,”
“future,” “intends,” “plans,” “believes,” “estimates,” “likely to,”
and similar statements. Among other things, the business outlook
and quotations from management in this press release, as well as
Beike’s strategic and operational plans, contain forward-looking
statements. Beike 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, including but not
limited to the following: Beike’s goals and strategies; Beike’s
future business development, financial condition and results of
operations; expected changes in the Company’s revenues, costs or
expenditures; Beike’s ability to empower services and facilitate
transactions on Beike’s platform; competition in our industry;
relevant government policies and regulations relating to our
industry; Beike’s ability to protect the Company’s systems and
infrastructures from cyber-attacks; Beike’s dependence on the
integrity of brokerage brands, stores and agents on the Company’s
platform; general economic and business conditions in China and
globally; and assumptions underlying or related to any of the
foregoing. 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/20220324006065/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. Yang Song 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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