-- Beijing Sports and Entertainment Industry Group (HKG:1803) said Liu Xue Heng resigned as its chairman and CEO effective Friday due to personal health reasons, according to a same-day Hong Kong bourse filing.
Liu has also been redesignated from an executive director to a non-executive director of the sports and entertainment company.
The company, on the same day, named non-executive Director Hu Yebi as its new chairman.
The firm is currently in the process of identifying a suitable candidate for the role of CEO.