Zhu Jiusheng has been subjected to criminal coercive measures! He is the former president and CEO of Vanke, who resigned in January this year

Wallstreetcn
2025.10.14 12:45
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Former President and CEO of Vanke, Zhu Jiusheng, has been subjected to compulsory measures due to suspected criminal issues. He resigned from all positions in the company in January 2023, citing health reasons. Zhu Jiusheng previously worked at China Construction Bank and took over as President of Vanke in 2018. This incident has attracted market attention and serves as a reminder for investors to be aware of risks

According to media reports, Wanke A's former president and CEO Zhu Jiusheng has been subjected to criminal coercive measures. Zhu Jiusheng worked at China Construction Bank Corporation Shenzhen Branch from 1993 to 2012, and then joined Wanke.

On January 27 of this year, Wanke issued a notice regarding changes to some directors and senior management. The announcement stated that the board of directors of China Vanke Co., Ltd. (hereinafter referred to as "the Company") received written resignation reports submitted by some directors and senior management on January 27, 2025. The specific circumstances are as follows:

  1. Due to work adjustments, Mr. Yu Liang applied to resign from the position of chairman of the board of directors of the Company. After resigning from the above position, Mr. Yu Liang will continue to serve as a director of the Company and hold the position of executive vice president.

  2. Due to health reasons, Mr. Zhu Jiusheng applied to resign from the positions of director of the Company, member of the board's investment and decision-making committee, president, chief executive officer, authorized representative, and other positions. After resigning, Mr. Zhu Jiusheng will no longer hold any position in the Company.

  3. Due to work adjustments, Ms. Zhu Xu applied to resign from the positions of secretary of the board of directors, company secretary, authorized representative, and other positions. After resigning from the above positions, Ms. Zhu Xu will continue to work in the Company, contacting the long-term rental apartment business department.

According to a previous report by the Daily Economic News, Zhu Jiusheng entered the public eye in 2018, when the market was not familiar with him as he was set to succeed Yu Liang as president of Wanke. To this end, Yu Liang specifically accompanied Zhu Jiusheng to hold a media meeting.

On February 1, 2018, Yu Liang and Zhu Jiusheng entered the venue together. At that time, Yu Liang was "low-key and unwilling to appear," saying, "Let's leave the camera for Zhu Jiusheng!"

Why choose Zhu Jiusheng as president? At that time, Yu Liang responded from three aspects: first, the department managed by Zhu Jiusheng had always been the best department during his management; second, Zhu Jiusheng is a very sharp person who often expresses different opinions; third, he loves to read, and his thinking ability, summarizing ability, and theoretical foundation are all very, very good.

In external communications, Zhu Jiusheng has always presented himself as gentle, but internally, the evaluation of Zhu Jiusheng is mostly "decisive and efficient."

Risk warning and disclaimer

The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment objectives, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investing based on this is at their own risk