KANZHUN LIMITED Announces Leadership Changes

Strategic Insights -

Kan Zhun Limited, a leading e-commerce platform in Asia, has announced key leadership changes, effective August 20, 2025. Long-time independent non-executive Director, Mengyuan Dong, has resigned to focus on other personal business commitments. The board of directors has appointed Hongyu Liu as chairman of the Audit Committee and a member of the Corporate Governance Committee, while Yan Li has been added as a member of the Compensation Committee. Additionally, Xu Chen has been appointed President of the Company, replacing an unspecified predecessor. The Board expressed gratitude to Dong for her contributions and welcomed Liu and Li to their new roles.

Key Takeaways:

  • Ms. Mengyuan Dong has resigned as an independent non-executive Director, effective August 20, 2025, to devote more time to her other personal business commitments.
  • Ms. Hongyu Liu has been appointed as the chairman of the Audit Committee and a member of the Corporate Governance Committee.
  • Mr. Yan Li has been appointed as a member of the Compensation Committee.
  • Xu Chen has been appointed as President of KANZHUN LIMITED, effective August 20, 2025.
  • Ms. Dong has confirmed that she has no dispute or disagreement with the Board or the Company and there is no matter in respect of her resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.
  • The Board welcomed Ms. Liu and Mr. Li for their additional roles in the Board.

Statistics:

  • Number of leadership changes: 4.
  • Effective date of changes: August 20, 2025.
  • Total number of Board members: Not specified.

Sources:

  • KANZHUN LIMITED (2025). Announcement.

https://www1.hkexnews.hk/listedco/listconews/sehk/2025/0820/2025082001192.pdf (Source 1)

Note: The document is an official announcement from KANZHUN LIMITED, dated August 20, 2025.