Leadership Shakeup at Xinhuo Technology: Weng Xiaoqi Takes the Helm as New CEO

2025-12-26 22:16:03

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Xinhuo Technology Holdings Co., Ltd. (01611.HK) has undergone significant executive restructuring, effective August 26, 2025. The company has promoted Weng Xiaoqi to the role of executive director and chief executive officer, marking a major transition in the firm’s leadership direction.

As part of the organizational realignment, former CEO Du Jun has stepped down from his executive director position and will transition to a non-executive director role. This shift reflects a deliberate strategy to refresh the company’s operational leadership while retaining experienced perspectives in governance.

Key Changes in Leadership Structure

The appointment of Weng Xiaoqi as both executive director and CEO represents a consolidation of decision-making authority. Additionally, Weng has been designated as an authorized representative, granting him comprehensive responsibility for corporate actions and strategic initiatives. Du Jun’s transition to non-executive director status allows him to maintain oversight involvement without day-to-day operational duties.

Implications of the Executive Transition

This leadership change signals potential strategic adjustments ahead for Xinhuo Technology. The elevation of Weng to chief executive officer suggests the company may be positioning itself for new growth initiatives or operational optimization. With fresh leadership at the helm, stakeholders will likely monitor how the company executes its business strategies moving forward.

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