[Heavy] Fu Yuning leads the China Resources Department to become a strong player in Phoenix Medical

On November 25th, Phoenix Medical Group released the latest round of appointment and dismissal of board members and senior executives on its official website. China Resources is a strong player. Fu Yuning, Chairman of China Resources Group, is the honorary chairman of Phoenix Medical Group. In addition, the chairman, chief financial officer and three non-executive directors of Phoenix Medical Group are also owned by China Resources. Following the China CITIC Department after China Resources, he was the executive general manager. In the original management team of the Phoenix Medical Group, six people, including the chairman of the board, have changed positions. As a result, China Resources Medical has laid the personnel foundation for its deep involvement in Phoenix Medical and paved the way for the integration of future platform resources. According to the previous transaction announcement, Phoenix Medical will be included in the package. China Resources's expectation is to build it into an important platform for China Resources's health industry.

In the seven-person management team displayed on the official website of Phoenix Medical Group, Chairman Xu Jie, Chief Executive Officer Liang Hongze, Executive General Manager Zhang Xiaodan, Chief Financial Officer Jiang Tianfan, and two Deputy General Managers Shan Baojie and Xu Zechang had six personnel changes.

Among them, Zhang Xiaodan was transferred to the group's chief executive officer and authorized representative. Liang Hongze was transferred to the group as a non-executive director and became the general manager of China Resources Medical Group Co., Ltd., and the rest have resigned as their original positions.

[Heavy] Fu Yuning leads the China Resources Department to become a strong player in Phoenix Medical

The “China Resources Department” entered into the position is: Fu Yuning is the honorary chairman of Phoenix Medical Group; Mr. Wang Yin is the non-executive director and chairman of the group; Wang Yan is appointed as the non-executive director of the group; He is a non-executive director of the group; Li Yule was appointed as the chief financial officer of the group.

Following China Resources, the company intends to become the second largest institutional shareholder of Phoenix Healthcare, and its director, Wu Potao, the director and general manager of Beijing Hongci Medical Investment Management Co., Ltd., is the executive director and executive general manager of Phoenix Medical Group.

According to the announcement, the reasons for the resignation of the former Phoenix Medical Group executives were due to “other work arrangements” and “no disagreement with the board of directors”.

Among the newly appointed staff, Wang Yin, Wang Yan, He Xuan and Wu Potao, non-executive directors and chairman of Phoenix Medical Group, signed a two-year service agreement with Phoenix Medical Group from November 25, 2016.

1 Who is going to stay?

Phoenix Medical Group management personnel appointment and dismissal

[Heavy] Fu Yuning leads the China Resources Department to become a strong player in Phoenix Medical

Board of personnel changes

  [Heavy] Fu Yuning leads the China Resources Department to become a strong player in Phoenix Medical

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