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FAR International Holdings Group Company Limited ( (HK:2516) ) has provided an announcement.
FAR International Holdings Group Company Limited announced that executive director and financial director Yang Zhilong has resigned, effective 23 April 2026, to focus on other business commitments, with the board noting there is no disagreement and expressing appreciation for his contributions. The company has appointed current chief executive officer Wang Tiantian as an executive director on the same date, formalising his leadership role with a three‑year service contract and performance‑linked remuneration, a move that consolidates management continuity and draws on his extensive cross‑border supply chain and e‑commerce experience to steer the group’s strategic direction.
The appointment of Wang, who has held senior roles at Tesco, Staples, Amazon, DHgate and Alibaba.com, signals the company’s intent to deepen its capabilities in global logistics and digital trade, potentially strengthening its competitive positioning in cross‑border supply chains. The leadership reshuffle, combining the CEO and executive director roles in a seasoned industry figure, is likely aimed at aligning governance with operational strategy and may provide stakeholders with greater clarity on the group’s long‑term business development trajectory.
More about FAR International Holdings Group Company Limited
FAR International Holdings Group Company Limited operates in the logistics and cross‑border trade sector, focusing on international supply chain services and related business management across domestic and overseas markets. The group leverages experience in merchandise planning, supply chain operations, and cross‑border e‑commerce to support its logistics and trading clients.
Average Trading Volume: 2,390,736
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.23B
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