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New City Development Shifts to Co-CEO Leadership Structure

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New City Development Group (HKG:0456) appointed Li Yang as co-chief executive officer and redesignated Han Junran as co-CEO from CEO, effective Aug. 12, according to a Hong Kong bourse filing.

Li has more than 20 years of experience in investment and business management, with industry experience spanning the internet and information technology, the filing said.

He currently serves as an executive director at several listed companies, including Virtual Mind Holding (HKG:1520), HG Semiconductor (HKG:6908) and Tesson Holdings (HKG:1201).

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