WEILONG Delicious Global Holdings(HKG:09985) said Liu Fuping has been appointed its new CEO effective April 30, replacing Sun Yinong who has stepped down citing personal and business commitments, according to Thursday bourse filing.
Liu, currently an executive director and vice chairman, has 24 years of snack food industry experience, including leadership roles across group subsidiaries.
Liu will receive an annual salary of 8.78 million yuan under a three-year contract.
The Liu family maintains control of approximately 80.99% of the company's shares through various holding entities.
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