Rongan Property has completed its board renewal election, with Wang Congwei elected chairman of the 13th board of directors and concurrently serving as general manager. The company held its second extraordinary shareholders' meeting on July 23, electing three non-independent directors and two independent directors. The board members include chairman Wang Congwei, directors Wang Jiufang and Lan Donghai, independent directors Wan Weijun and Guo Zhanhong, and employee representative director Yu Kangqi, all serving a three-year term. New senior management also includes chief financial officer Yu Jie, board secretary Deng Huatang, and securities affairs representative Zheng Sisi. In the first quarter of 2026, Rongan Property recorded revenue of 530 million yuan and a net loss attributable to the parent company of 28.45 million yuan.
Rongan Property Co LtdBoard renewal and management changes; no clear positive or negative impact on operations or financials.