Netjoy Holdings Limited announced a trio of board changes effective 19 Aug 2026, marking a broad refresh of its senior leadership.
Re-designation of Dai Liqun • Mr Dai Liqun, aged 50, shifts from Non-executive Director to Executive Director after serving on the board since the company’s December 2020 listing. • Concurrently, he will step down from the Audit and Remuneration Committees. • Dai will continue to provide strategic guidance and hold directorships at subsidiaries Netjoy (Shanghai) Network Technology Co., Ltd. and Tradeplus (Shanghai) Information Technology Co., Ltd. • Remuneration: RMB20,000 per month plus discretionary bonuses; initial three-year service term, terminable with one month’s notice. • Shareholding: deemed interest in 52.98 million company shares (6.66% of issued share capital) and, together with his spouse Ms Peng Ting, a combined deemed interest of 62.74 million shares (7.89%). He also owns 11.20% of Netjoy Network and 60% of Tradeplus.
Appointment of Shen Jianbo as Executive Director • Mr Shen Jianbo, aged 46, currently Project Vice President overseeing international short-video and new business incubation, joins the board as Executive Director. • Industry background: more than 20 years in software, internet, e-commerce and digital marketing, including senior roles at Baixingwang and Chinasoft affiliates. • Remuneration: RMB40,000 per month plus discretionary bonuses under a three-year contract, subject to one-month termination notice. • Equity incentive: holds 1.01 million post-IPO share options, equal to 0.13% of issued shares.
Appointment of Zheng Feiyun as Independent Non-Executive Director • Ms Zheng Feiyun, aged 44, a practicing PRC lawyer and director at Beijing W&H (Shanghai Hongqiao International CBD) Law Firm, becomes INED as well as member of the Audit and Remuneration Committees. • Professional focus includes securities and financial dispute resolution, non-performing asset disposal and compliance. • Compensation: annual director’s fee of RMB0.15 million, payable monthly. • External role: Independent Director at Jiangsu GDK Biotechnology Co., Ltd. (Shanghai Stock Exchange: 688670). • Confirmed independence in accordance with HKEX Listing Rule 3.13.
Board Composition Post-Changes The Board now comprises three Executive Directors (Xu Jiaqing, Dai Liqun, Shen Jianbo), one Non-executive Director (Wang Jianshuo) and four Independent Non-executive Directors (Chen Changhua, Ru Liyun, Cui Wen, Zheng Feiyun).
Trading Status Netjoy’s shares have remained suspended on the Hong Kong Stock Exchange since 1 Apr 2025. Resumption is contingent on meeting the exchange’s requirements.
Investors are advised to exercise caution when dealing in the company’s securities.