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Frontline | Shell CEO Peng Yongdong appointed Chairman Zuo Hui as “Eternal Honorary Chairman”

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Tencent News “First Line” Tang Yuanyuan On May 24th, Beijing time, Shell Search (KE.NYSE) issued an announcement stating that Shell CEO Peng Yongdong was appointed as Shell’s chairman and Shell’s chief operating officer Mr. Xu Wangang was Shell’s executive director. At the same time, Shell announced that Mr. Zuo Hui was the “eternal honorary chairman” of the company to commemorate his great contribution and precious spiritual legacy. On May 20, Shell officially issued an obituary stating that the founder and chairman of Shell Zuo Hui passed away due to an unexpected deterioration of illness.Zuo Hui, the founder of Shell Company, passed away At that time, Shell officials stated that the company’s board of directors will make appropriate arrangements for corporate governance and related matters, and will issue an announcement in due course within two weeks. Peng Yongdong joined Lianjia in 2010 and served as the deputy general manager. Since 2014, he has served as the CEO of Lianjia.com, and since 2018, he has served as the CEO of Shell House Search. It is understood that when Peng Yongdong was serving as the senior consultant of IBM strategy and change, Zuo Hui was favored by Zuo Hui during the service of Lianjia and invited him to be an executive of Lianjia. Regarding Zuo Hui’s death, Peng Yongdong issued an internal letter “Bye Lao Zuo” on May 20. Peng Yongdong said that Shell has lost a founder who established our career and mission, and the housing industry has lost a leader who is always exploring and innovating. He said, “The spirit of the old left will always inspire us, unswervingly insist on long-termism, and unite as one to do the difficult and right things for the development of the new residential industry!” Shell’s results for the first quarter ending March 31, 2021 show that Shell’s operating income in the first quarter of 2021 reached 20.7 billion yuan, a year-on-year increase of 190.7%; net profit was 1.059 billion yuan, and adjusted net profit was 1.502 billion yuan. . Shell said in the announcement that the company’s executive directors, senior management and Propitious Global Holdings Limited (and the family trust that manages its equity interests) promised that within 365 days from now, they will not sell, transfer or otherwise dispose of their current holdings. There are common stocks or American depositary shares of any company. The following is the announcement of the shell house finding: Shell announces Zuo Hui as “Eternal Honorary Chairman” and Peng Yongdong as Chairman and CEO On May 24, the company’s board of directors decided to appoint Peng Yongdong (S) as the chairman of Shell, and Xu Wangang (A-Gump) as executive director of Shell. At the same time, the company announced Zuo Hui as the company’s “eternal honorary chairman” to commemorate his great contribution and precious spiritual legacy. The following is S speech: It is very sad that we have lost a founder who established our career and mission, and the housing industry has lost a leader who is always exploring and innovating. From Lianjia to Shell, Mr. Zuo Hui has spent 20 years setting up road signs one after another for China’s housing transaction and residential service industry. These valuable legacy will guide the company to continue to move forward. At the same time, Mr. Zuo Hui’s beliefs and values ​​are also deeply integrated into the company’s DNA, so that the management team is stable and orderly, and the organization’s growth is sustained and healthy. As the founder of Shell, in the past, Mr. Zuo Hui was the chairman of Shell; after today, Mr. Zuo Hui is the “eternal honorary chairman” of Shell. We hope that in this way, we will always remember Zuo Hui and his spirit. I also hope that all shellers can persevere on the slow and long snow road of the residential service industry with the spirit of “doing the hard and right things”. I also firmly believe that with the trust and support of customers (consumers), employees, shareholders and partners, the Shell management team will unite and unswervingly complete the legacy of Mr. Zuo Hui, which is also our common mission: ” A dignified service provider, a better residence.” ――Peng Yongdong (S)

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