China Merchants Shekou: Vice President Liu Ye Resigns Due to Job Transfer

Radar Finance | Feng Xiuyu Edited | Li Yihui

On March 3rd, China Merchants Shekou (Stock Code: 001979) announced that Vice President Liu Ye has resigned from his position due to work transfer reasons and will no longer hold any other positions within the company. According to the announcement, Mr. Liu Ye will take a position at China Nanshan Development (Group) Co., Ltd.

As of the announcement date, Mr. Liu Ye holds 89,000 shares of the company, which will continue to be managed in accordance with relevant laws, regulations, and normative documents.

Currently, Mr. Liu Ye’s responsibilities have been properly transferred, and this personnel change is not expected to adversely affect the company’s normal operations. The company and the board of directors sincerely thank Mr. Liu Ye for his contributions during his tenure.

Tianyancha data shows that China Merchants Shekou was established on February 19, 1992, with a registered capital of 906,083.6177 million RMB. The legal representative is Zhu Wenkai, and the registered address is No. 1, New Era Square, Shekou Taizi Road, Nanshan District, Shenzhen, Guangdong Province. Its main businesses are development, asset operation, and property services.

Currently, the company’s chairman is Zhu Wenkai, the secretary is Yu Zhiliang, with 49,501 employees, and the actual controlling shareholder is China Merchants Group Co., Ltd.

The company has stakes in 507 subsidiaries, including Shenzhen China Merchants Xunlong Shipping Co., Ltd., Tianjin China Overseas Broadland Real Estate Co., Ltd., Nanjing Huilong Real Estate Co., Ltd., Wuxi Meishang Jun Real Estate Development Co., Ltd., Jinan Anqi Real Estate Development Co., Ltd., and others.

In terms of performance, the company’s operating revenue for 2022, 2023, and 2024 was 183.003 billion, 175.008 billion, and 178.948 billion RMB, respectively, with year-over-year growth of 13.92%, -4.37%, and 2.25%. The net profit attributable to the parent was 4.264 billion, 6.319 billion, and 4.039 billion RMB, with year-over-year growth of -58.89%, 48.20%, and -36.09%. During the same period, the company’s asset-liability ratio was 67.91%, 67.34%, and 66.67%.

Regarding risks, Tianyancha information shows the company has 940 internal Tianyan risks, 52,458 surrounding risks, 240 historical risks, and 2,994 warning alert risks.